The difference here is we are a secondary market and the overflow buyers from the primary market (Boston) see these prices as a STEAL since they can Work From Home.

I also HELOC'd my primary resident and then took out personal loans to fund the improvements.

It's our primary residence.

Basically, Americans are still using their houses as piggy banks, and this just gives them another way of doing that.The argument is that it is too expensive to do a cash-out refinance if you have a 3% fixed primary loan, and this will provide options.What we fail to realize is that equity in one’s home is a hedge against many things like a downturn in the economy, or inflation.

My Main question is if not my parents primary home is paid off..

In the short-term I mainly want to focus on using and working on my primary property as I feel it would be the best and most comfortable entry to the real estate world.

Bridge, portfolio, foreign national and other specialty loan products.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.

Lenders are shoring up their books so want to see longer primary lease terms.

It seems like it should not be legal, in effect taking something without any LL compensation (freedom to use unit for whatever LL desires at the end of lease).Besides my primary issue that the law changes an existing contract, it also makes it harder to get rid of less than ideal tenants that raises risks and costs.  

While my primary goal is to make money, I have a soft spot for those with addiction.