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Buying second home - make this my primary or keep as a secondary home?

Due to a work opportunity, I will be moving to a different state to work and am looking at buying a second home. I currently have a mortgage on my current home with a LTV of ~38%, but I was curious what would be the smarter move - buy this second home and make it my primary and convert my old home into a secondary, or keep my old home as the primary. Reason I plan on keeping my primary home is that I have family that lives there. I'll have the ability to work remotely/spend time in either property more, so I'm not concerned about the "residency" component.

I'm overall a bit inexperienced with how interest rates work when you convert from primary to secondary, or if they change at all. Curious how everyone would handle the situation.

submitted by /u/chub_woofer
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/n28sbd/buying_second_home_make_this_my_primary_or_keep/
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