A home loan is made via the note with a Mortgage/DOT (depending on state) attached as the security instrument, which allows the home to serve as collateral if the note is not upheld.

Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.  

Your success depends on it.

Depending on your investment horizon that may matter or it may not.

One of these restrictions is a cap on how much income we can require (max 2 or 2.5 times rent depending on the rental rate).

All of this depends on your market having demand, of course. 

If you decide to exit real estate entirely, just make sure whatever investment path you choose aligns with your goals and risk tolerance.

Please reach out if you are a lender or can connect me.5 Bed 2 Full Bath & 2 Half BathExisting Mortgage ~$550,000Home Value ~$1.1+ Mil Depending on the STR income generated from this property, you could do up to 75% LTV on a cash out refinance.

 @Raif Jochim without knowing details of each loan, I would almost always choose the primary home.

When choosing a location for your first rental, it’s great that you’re considering factors like crime rate, population growth, employment rate, and price-to-rent ratio—those are all key metrics.