I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol).

This wasn’t our first go with short term rentals.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Also, I'd think about the long-term potential for appreciation and the health of the neighborhood.All in all, I think it's great that you're at a position where you can seriously consider investing and wish you the best of luck either way you go!

I talked to a mortgage loan officer and they say my best option is to cash out refinance, in order to pay back my family member.

I've thought of many different angels, but still not sure why this project was special/different or offering different terms.   

I just helped a investor with two DSCR loans in this area.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Hi My name Is  Eloisa I just bought my first property to lived in, I used the 203k loan  that it was a little hustle.Just to share a little more about this loan that in my opinion was better than a regular FHA because the house that I got it was renovated totally the entire house,!!