It can’t be a second residence because ether the JADU or primary residence must be the owner occupied bona fide principle residence.

Any other deed restrictions, use restrictions or other misc. items that are adverse to your objectives?

Fourth, create a long-term real estate investment plan that complements your preferred lifestyle and financial objectives.

a) you can still add to the principal so you can "carve out" your principle payment , with and without pre-penaltyb) both product is still working towards your DTI Now the challenge is the following in case you dont want to add into principal: if your home doesnt have appreciation ---> then IO only product is goodif your forecast appreciation is less than 3% and interest rate is expensive and you plan to sell within 5 years --> then IO only product is good but if your forecast appreciation is greater than 6% and interest rate is cheap and you plan to keep the house more than 3-4 years ---> then better choose 10YARM/30YFRM Meant to say this loan product is useful when one is able to visualize the amortization payment and carve it out.For example, in 2013 I purchase SF for 500K.

Specifying your requirements will enable you to focus on homes that meet your objectives and help you narrow down your search.Finding the ideal property may be made easier by using a variety of sources, including direct mail campaigns, real estate brokers, wholesalers, networking events, and internet listings.

Investors can choose properties that align with their risk tolerance, investment objectives, and desired geographic locations.3.

Pareto’s 80/20 principle will stand true again.

Make appointments to talk about your financial status, investing objectives, and borrowing choices with possible lenders.

To help you plan your approach, clearly define your investing objectives and establish SMART targets.

Ultimately, finding the right investment location requires thorough due diligence and a clear understanding of your investment objectives.