The interest you think you are saving, only is realized at the end of the mortgage period...and if you plan on refinancing, you'll never see that savings.So a big fat NOOOOO.

It's the great white whale, the northwest passage to dream of fat profits in a sunny southern locale during our nor'easter assaulted off season here on Cape Cod.

About 3 years after investing in the property, the natural gas and oil boom moved into my area, and I was able to get a fat check from leasing my mineral rights.

In recent years we paid off our primary (15yr loan, high DTI) and now only have a fat heloc.   

I went down the side hustle route and decided it was easier to trim fat in my expenses FIRST.

@Krystle Housley  your day one is a total fairy tale  LOL as you suspected. and only a feel good story.real estate is highly regional  what works in one market does not work in another.Like here in Oregon its totally illegal to wholesale the way these guys teach it. you will get in troubled with a nice big fat fine and have to hire an attorney.

Local lender we had a relationship with and we locked the rate for 3 years at 4.3% on a fat 1st.   

A lot of fat was built during the recent booming economy, so people could get away with a STR in a bad area, or poorly managed, or bad purchase.

When banks are trimming down, 2nd lien Helocs are often some of the first "fat" to be trimmed.That's partially why we went for a 1st position LOC, as they have the staying power more similar to a traditional mortgage.

@Isaac El it’s probably because they owe way more than the house is worth.. meaning they would rather just pay the taxes every year than have a big fat amount due at closing if they were to sell