Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

In 2022 I also sold my money pot personal residences for $961,000 and purchased it for $154,000 in 1999. $500,000 was tax free due to being married.  

You could do something like what you want if it was your personal primary residence and even then the interest rate would be ugly. 

Enforcing the termination of a lease due to non-compliance (unauthorized resident) is not the same as ending a month to month lease. 

I always loved having an HELOC on my primary residence as the answer for me. 

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

While others above have highlighted the ability to purchase a property with 0% down, there is one large stipulation: you must purchase a property as a primary residence.

If that means renting out part of your residence, that's great for cash flow and experience. 

Investment Info:Single-family residence buy & hold investment in The Villages.

I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.