Here in Utah, I often recommend to my single friends buying a new townhome (we have some awesome new build incentives) and renting by the room. 

On a building that probably tops out at 680k/ maybe if uts gorgeous and you find someone with more money then sense 700 but i couldnt fathom someone paying nearly 200k per unit in Hartford The real question you want to ask yourself is, is one year of my life.

Here in Utah we have a local credit union (can do loans in 10-15 states though) that has a similar loan. $0 down first time home buyer loan, no PMI, 40 year loan (lowers your payment even more), and get this, NO INCOME CAP!

My Nephew is a student at University of Utah and a competitive climber, and he has a lot of climbing friends that would live with him.- Buy a house / 4 plex, take one of the rooms / units, and rent out the rest- Family can just come and stay with the Nephew when needed. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

I am located in California and they their office is in Utah.

Merchants Bank MN See Pavel UshakovMountain America CU Utah, ID, MT, NV, AZ, NM. 85% LTV, promo rate of 1.99%.

And they are very good at it they have fulfillment companies mainly out of Utah that run that end of it..

This would probably help since the next one I build I could immediately put for sale and do a short term rental while it sells.I have many years of construction experience and have also done a fix and flip, in addition to building ground up construction, as well as 10 years of entrepreneurial experience running a paddle board rental company... i have a BS in Physics from Georgia Tech , a PhD in Theoretical Chemistry from UT Austin, and did Postdoctoral research using Computational Engineering where I designed, manufactured, and tested a shock mitigating metamaterial...

I am based out of SLC, UT but wanted to see if there are any good HELOC programs anyone would recommend aside from local credit unions? 

Hi all - my name is Mac and I'm currently a junior at the University of Texas at Austin studying finance. I'm going into real estate investment banking after graduation and thought it would be wise to get my hands dir...