It's the concept of buying the debt attached to the mortgage rather than buying the house. 

Some potential challenges include:- Tenants being consistently late on rent.- Issues with cleanliness and respecting common areas.- Requests for repairs at inconvenient times.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

A great mindset is important, but if you’re paying for training, it should include tangible, measurable takeaways—not just an idea, lifestyle, message, or community.Have you noticed this trend?

We found a property that includes a house (for my daughter and the grandkids) and an apartment over a large garage/workshop in a separate building (for me).

BP wont let me include contact info so you can PM me for that as well.

The 2-3% points in extra cost are worth it if you plan on using as I described above because the use would be for a few  months at most and due to that short term use you can survive a rate adjustment up.But, if you have no plan to payoff the debt like when using for a down payment on a long term hold why pay the extra cost for flexibility and have the additional risk of the adjustable rate with the amortization looming when you can get a fixed rate second mortgage. 

I literally laughed through the phone at his suggestion, because I was broke, in debt, and in every way and unqualified borrower, and the lending environment in 2012 was probably stricter than it had been since the invention of the 30yr mortgage.

RentRedi’s syndication marketing helped us secure a great tenant in under four days, including employment and landlord verification, as well as criminal, credit, banking, and eviction history checks.

These included cash buys for flips, seller financing, and subject-to deals.