I've been living JC for 15+ years and have some investment properties in Guttenberg.

I'll be living here for another 1.5 years, I'll be able to pay down about another $10k.

Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.

And now live the life they enjoy as they enjoy that part of the  business..

What would you do with your current residence if you planned on living in the new one to get an FHA loan?

We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online. 

I’ve lived in my current single family home since 2020.

Had an inherited tenant move out after living in a property i purchased a few years back.

The judge scoffed at this and told him that he needed to file a motion for this, but he hadn't and when the tenant asked how to file it, he answered "I'm not your legal counsel".The judge asked him where he will go if he gets evicted and the tenant answered that he will live in his car.

I live in a simple home.