This isn't always the best option since current rates are in the 6.25 - 7.25% range for DSCR loans. 2) A HELOC on their primary residence.

Investment Info:Single-family residence other investment in Mcminnville.

Hi Lance,Based on your query and the information provided, here's some guidance on renting out a primary residence and an ADU in Georgia:Legality and Zoning: ADUs are legal in many parts of Georgia, but regulations vary by location.

If you’re purchasing an investment property, lenders typically require a 20-25% down payment and higher interest rates than for a primary residence.

Eisenhower, that has been rapidly expanding, the Savannah River Nuclear Site, the Medical College of GA, 5 hospitals bringing in residents and travel nurses, AND the newly announced Meta AI Data Center coming to Aiken, SC (right across the river). 2251 Central Avenue - 3-Plex.

What will happen to your property taxes if you no longer claim the property as your primary residence?

Some require you to have experience, some require you to own a primary residence, some don't require either under certain circumstances.

I spend 6 months a year away from my main residence, and don’t even bother having mail forwarded.  

This was signed electronically in 2016 around the time his sister inlaw moved into the residence with her 5 kids and boyfriend.

They refused, saying there's a new rule that owner/occupants can only get permits on houses they have as primary residence and that any other house needs a contractor. .........Aaargh!!!