Or maybe an easier way to ask: are there states that allow non-licensed lending on owner-occupied/primary residences?

Lastly, section 8 has requirements for a property to not only qualify for their program but must also be maintained at all times in order to maintain status.

Rather than provide an example using commercial property, I’ll use the example of a property I purchased two months ago as a personal (2nd) residence, from the viewpoint of the seller.

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?

Some lenders will use 75 percent of the potential rental income to qualify if it is empty in a DSCR loan.

My end goal is to house hack a multifamily home in Washington State as my Primary Residence.

I am open to local primary residences for house hacking or out of state investment properties in high rent low house price markets.Thank you all for your help!

Investment Info:Single-family residence other investment.

I am getting ready to convert my primary residence into a rental property after we move.

As a final step, they requested an in-person appraisal to confirm the value of my current residence.