Living in one unit and renting out the other helps you scale quickly because you need a lower down payment for a primary residence. 

If married you can exclude $250,000 each in capital gains if your primary residence.  

We’re debating whether to sell our first primary residence or keep it as a rental.

Investment Info:Single-family residence buy & hold investment.

The easiest and straight forward option would be, as you said, to sell the current residence, payoff the HELOC (or most of it) and then get back to saving with your jobs and the rental cashflow.

Hi all,for those of you doing a mid term rental from out of state, how do you prepare your unit to get it fully furnished while out of state?

Investment Info:Single-family residence fix & flip investment.

People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?

@Nadir M. our lease specifies the resident is responsible.

I am in an interesting situation where I am in need of money to finish renovations on my primary residence.