Morganton’s growing population and its appeal to both residents and visitors made this a strategic investment.

Morganton’s growing population and its appeal to both residents and visitors made this a strategic investment.

Start with your primary residence if you are currently renting.You can buy a duplex with only 3.5% FHA Loan and rent out the other side while you continue to learn about real estate investing.

Zillow doesn't tell the story I shared on the 19119 zip code but driving the neighborhood, walking properties,  observing the daily routines of those who live there and listening to residents articulate their wants and needs does.

Cities like Miami, Tampa, and Orlando offer diverse opportunities, from luxury properties to short-term rentals.While demand peaks during winter, when northern residents flock south, the state experiences fewer slowdowns in the real estate cycle.

Instead of using your personal income, employment history and DTI to qualify, a lender would look at the income or potential income of the property to make sure it cash flows after taxes and insurance are accounted for.

Hey Derek, not sure if I'm qualified enough to answer this, as it sounds like you are trying to commercially lease to a bigger box assisted living facility/company, but you could consider:- Leaving the residential as residential, subdividing, and building to suit residential assisted living homes.

I am moving into a bigger home for me and my family and have decided to keep our current residence as a rental.

In Denver where I invest it's actually a PLUS to not have the other unit considered separate because permits are only allowed for STR if you're renting out your primary residence and I know many folks who put a locking door on part of their home and have a separate external entrance to that part of the house, and rent it out as an AirBNB without it being considered an additional unit by the city.

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