Department of Housing and Urban Development (HUD) Secretary has brought renewed attention to a long-debated policy move: the potential privatization of Fannie Mae and Freddie Mac.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

So, I would work to increase your knowledge and experience and really identify a strategy that suits you before moving forward with anything. 2.

Paying down the note quickly is a power move too—love that disciplined mindset!

If anyone has any referrals of buyers moving between Destin & Pensacola FL send me a message!

I’m looking to stay with CRMLS & move to an MLS only broker.

Some will let you rent your primary and still do a DSCR loan on the subject, however, this would come with the added scrutiny of really documenting and evidencing you have no intention of moving in to the subject.  

Then you can house hack the rest of the it and then consider moving out later on.

I respect your decision not to move forward speaking with our company. 

I'm making some pretty big moves right now and changing my business plan in a new direction, so I don't want to die of shiny object syndrome, but this method really speaks to me.