The live-in-then-rent strategy uses owner-occupant financing to acquire a property as a primary residence, live in it for the required period, then move out and convert it to a rental rather than selling.
Log in to followBought 14 months ago at 5 percent down conventional, 6.875 percent, PITI 2,610 with escrow. Property taxes reassessed on my purchase price in year one and went up 380 a year, whic…
I have 22k saved and a plan I got from reading too much: buy a house with a low down payment loan, live in it a year, rent it, buy the next one. First conversation with a loan off…
I live in one side of a duplex I bought a bit over two years ago. Both sides are identical, two bed one bath. My side has been my home the whole time, the other side rents for 1,3…
Two done, going for the third, and this is where the qualification problem stops being theoretical. Property one: bought at 3.5 percent down, PITI 1,640, leased at 1,975 for the l…
I've been building a spreadsheet for months and I want somebody to tell me what line is missing. Target is a 285k three bed in a working neighborhood about 25 minutes from where I…