I don't want to break the law, I just want to make a better business decision.

As I’m starting my real estate investment journey, would it be a wise decision to rent out my primary residence and seek a temporary rental for myself while I save money to purchase an additional property for investment?

I would consult @Jeremy Galloway before making that decision.

Many will say this is crazy but if I am spending tens of thousands of dollars I am not spending 30 minutes and making the decision on the flip of a coin.

For example, sharing details like an example property address, how much of your own capital you're able to contribute, your goals for the property, and what your exit strategy looks like can all help potential lenders better understand the situation and make informed decisions.

It's a 50/50 decision to refinance at 10.5%, a savings of $9K/year, or take a chance to wait a bit that rates would go down further.

We gave them the option to move if they needed to - and by doing it the way we did it, it gave them time at their old rate to absorb the news and make a decision for themselves without them being under extreme pressure to move immediately.  

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

Hey, BiggerPockets community! 👋
We recently purchased a property in Columbia, TN, for $135,000 and plan to flip it. It’s a modest home, and we aim for broad appeal with a neutral, updated look that attracts a wide ra...

+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.An investor wants an agent that sticks to logical numbers like ROI, Cash-on-Cash, etc.You can differentiate between these different types of agents easily by asking them:1) If they are RE investors themselves.