Is our primary residence and is a long term live in flip. $490k mortgage.

Right now we have it split based on the square footage of our residences. 

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.

I own my primary residence and want to build a DADU on the back of the lot.

Well, 30K I loaned myself to buy a house which is now my principle residence.

Primary residence loans are less risky than investment property loans, which is why they have more favorable terms than investment property loans.

A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

We have a member of our team called the "Resident Success Coordinator" whose job is solely this. 2) Flat-rate management- We are not a percentage-based company.

I am finding that most credit unions will only do helocs on primary residence.

Investment Info:Single-family residence buy & hold investment in Crowley.