. 🤷🏼‍♂️ Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores.

What are your Loan terms and P/I relative to the cashflow after taxes?

I use a loan servicer who processes the borrowers payment and then sends to me.

Im trained enough myself at this point in QBO, but my bookeeper still does the more complex entries (Loans, capital balances, reconciliation, etc) I just do the data entries for expenses. 

I see where you guys are discussing meetups and varying schedules.

(By the way, I never pay points for any loans.

That also looks good on my credit profile and supports a healthy score.Having both the home loan and the HELOC on my credit profile helps give me a diverse mix of credit which also supports a healthy score.Now, that's what I would do and why I would do it if it worked for me.The reader's "mileage" may vary, of course.Mr.

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

My COC return will vary depending on my out of pocket cash.

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.