Would you mind sharing any details about your townhouse?

Always keep in mind the alternative, the bank has no duty to sell for less than what the open market will bare for the asset.

Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.

Keep in mind that rates does not fully translate everything.

@Zach LemasterHi Zach,Do you mind if I DM you?

Section 8 can give higher rental revenue but there are a few things to keep in mind. 1.

@Kyle LumanKeep in mind everyone's situation is different and while one investor in the short term is wanting less cash flow for tax reasons (presumably) your situation it might not make sense to break even or lose money.

Something to keep in mind is the lending options change when in LLC, so leverage owner occupied loans for Refi/HElOC etc go away once you move out.  

Personally I have not had much luck with seller financing when there are agents involved - most don’t understand it and think it just makes the deal more complicated.Did you check with your bank to see if they will mind you having a second loan on the property?

Keep in mind that a rule of thumb is simply a rule of thumb.