Lately with everything I’ve recently mentioned I have now been leaning towards considering purchasing/house hacking my first investment in a condominium.

Yes Port Jervis looks like its starting to see a change with new restaurants etc happening in the city.I recently saw some condos for sale in Port Jervis I believe in the Silk Mill condominium complex.

Also I’m not seeing HOA on a lot of the places which is surprising to me Here are a few things to consider with non warrantable condos (which is 99% of condos in Destin that are STR)A non-warrantable condo is a condominium complex that does not meet the guidelines set by government-backed mortgage companies such as Fannie Mae and Freddie Mac.

Hi Marian,Here are some thoughts:- you can use CC's, unsecured card's, or credit cards but utilizing these will also drop your ficos steeply so it might be counter productive if you plan to do a cash out refinance on your ADU to pay back your cards later on when you go to apply for a loan- if you can get a title release on your ADU lot (some states/cities) can condominiumize your ADU into fee simple property then you can borrow / leverage against your ADU since its free and clear.

I currently have one condominium under a self directed IRA and my property manager is great.

Another thing you can look into is rehabbing, in Montreal some good money has been made the past few years in rehabbing of apartments, I know 2 people who started few years back with the rehabbing of just one apartment, today they do big condominiums projects. 

Located on 2nd Ave and Cedar, this older condominium building is situated steps away from the Seattle waterfront and well known landmarks such as the Space Needle and Pike Place Market.

Located on 2nd Ave and Cedar, this older condominium building is situated steps away from the Seattle waterfront and well known landmarks such as the Space Needle and Pike Place Market.

If I where to use a hard money lender to cover the %20-30 down payment rule on a condominium would that be a good move?

Below are some of the reasons it is a struggle.Condotels, or condominium hotels, present unique challenges for lenders, which is why many of them may be hesitant to offer mortgages on such properties.