Was it for a place to live for work before they found a permanent location or was it used for someone wanting to stay in the area as a 2nd home for the winter months?

I specialize in working with Canadians that own property down here (I live in Palm Springs, we might be the snowbird capital of the world?).

I'm currently living in Hawaii and I'm excited to enter the Detroit market and keep everyone updated along the way.

I am gonna live in this multifamily, thus I think I am qualified as owner occupying.

I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units. 

I have about 8K to start investing, which I know is not a lot, but with 3 kids living in SoCal, we are already pinching pennies. 

We currently live in Houston, TX but we will be relocating to the Seattle/Bellevue area this summer for work.

If you are doing a live-in flip why not use that equity for a down payment with a refi or HELOC?

Purchase price: $365,000 Cash invested: $550,000 Bought to live in, forced some equity and was able to get out almost all of my cash. 2.3% interest rate!

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.