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

I don't think I fully understand using HELOC to pay points and holding costs only.Taz, that was my initial thought as well - even though it would hurt to get rid of a 3.5% interest rate, I could get an equivalently priced home with today's conventional primary residence rates and have about the same monthly payments that I have today, simply because of the HOA fees. 

I also have a primary residence that I'm going to turn into a rental and buy a new primary residence.

My other purpose other than some hopeful appreciation over time is that my primary residence is 1 mile away.  

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

If the bottom insulation of the home is torn and the skirting is not properly maintained, it can cause a host of other issues, like pest and moisture problems.Additionally, if the foundation is not sturdy enough, situated correctly, or on a concrete slab (permanent foundation), a mobile home’s support may sink slowly into the earth over time.

I plan to cash out refinance my primary residence and use that money to invest in my first property.

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

It's a nice, clean, small town, and several residents work in St.

For me, this meant renting out a room in my first primary residence.