Quote from @Allison Cutlip: My boyfriend and I are closing on our first property soon which is a duplex where we will be living in one side and renting out the other. 

A few years later, I hired a local Wyoming attorney to create a living trust.

I'd level up with a BRRRR, live-in flip, or house-hack before jumping into a challenging renovation.

That doesn't surprise me about NJ, knowing what I do as a person who's lived in the tri-state area for 25+ years, especially since becoming a father and coming to truly appreciate what NJ has to offer offer.

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

Gutted the kitchen and dining/living room area.

I love living in a small community!

This requires 10% down and you typically just have to live in the property for 14 days out of the year.

If you are not planning to live in the property, then you are not going to qualify for an FHA loan.

I'm from Newburyport and lived in Seaport for a while.