Originally posted by @Chuck Hattemer:Hi Amit, I do apologize if I came across the wrong way.

Or would it simply be better to stick to my original plan and just go out of state?

Wouldn't advise tying payments to only the original price, should also be tied to portfolio retention - otherwise you could lose all the doors you bought while paying out all the revenue to the seller and your expenses. 

Originally posted by @Cameron Price:Originally posted by @Andy Holland:Yes this is true,Technically the tax rate goes from 4% to 6%.But in real life is is equal to an increase of around 3 times that of an owner occupant. 

@Samuel It is my understanding that you can recast the loan if you make a large payment which should keep the original low interest rate and give you a new adjusted, lower mortgage payment going forward.

My understanding of the Federal Law is that the tenant can make modifications to the home at their expense but have to but it back to the original condition at their expense.

As someone originally from New Jersey, I am interested in returning to the East Coast and investing closer to home.

Do these tax advantages disappear when the original owner passes away and hands the portfolio to their children?

The LTV ratio also dropped to 70% from the original quote which was 75%, which impacts the cash-out amount. 

I'll have to check the original documents to see if they're allowed to do that and I missed it.