@Dean HoIs there a lot of equity?

Look up the concept of Luxury House hacking , you'd have to see if it can work in L.A , I think with Airbnb it could be possibly to supplement the mortgage pretty significantly to where you would be paying less than you would to rent..but would have to run the numbers.https://www.biggerpockets.com/renewsblog/luxury-ho...I saw there is a mortgage called a HomeReady mortgage that allows you to use 'boarder' income to qualify for loan too..but you'd have to look into it more.

Would love to be there during Tet but there are no school holidays around that time.By central Vietnam do you mean the Hoi Ann area?

With the 30-year loan (~2.8% AFR), the cash flow after property taxes and HOI would be ~$2500/mo, and the total interest paid over the life of the loan would be $164,731.  

Only Hoi Polloi buyer needs a 🏡 in perfect condition.

The banker needs to pull your credit, obtain property tax, HOI, rent and HOA information for all properties you own as well as obtain pay stubs, W2s and tax returns for full 2 years.

(Heloc / 30 yr fixed)Buy an investment property SFR for ($250,000+$10,000 closing cost (25% down heloc @5.59%variable interest only loan)= $65,000=$364 per month plus  the $195,000 remainder with a 30yr conventional @4.5%=$876 per month + Taxes $800 + HOI $120= $2,160 +7% net profit= $2300  total costCan this be done?

I have separate HOI insurance on each policy with three different insurance companies.

We've had initial owner and buyer's file Bankruptcy on us, we've had to file foreclosure on Wrap deals, we have to evict people, we have to sue initial owners on HOI Claims, we had to go to court to answer claims by initial owner and buyers on wraps on whether or not the transaction was legal - guess what, we have never lost once!

(shrug) :) Define greater Houston area-- if its Harris County you're still paying 2% in prop tax(it's come down for 2023 with the new reform), but you're going to get killed in HOI.