You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

Being owner occupied means getting the lowest interest rate, and a conventional or fha loan. 

Building a rental portfolio that replaces your income takes years and a lot of effort, this is especially true in our high price high interest rate market.You need to have at least a 10 year vision when buying real estate.

It's objectively rated as a great place to live, but obviously you need to be ok with Winter.

You need to review your lease. tenant may be responsible for interior, but common areas and building facade should be LL.what is the current rate?

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

The interest rate isn't that huge of a difference between the 15 and 30 so worst case scenario if you have the 30 year option is you start paying it down on a 15 year timeline - sure you'll pay a little more in interest over the 15 years, but it will have been worth it if you bought another house.

If someone offered to finance this house to you at your current rates if you put down $250k would you do it?

Connect with lenders and brokers, see what rates are out there, underwrite the deal and see if it makes sense after debt service. 

Hi Even,I don't know about DPA and Grants but I do have a great program with only 3 precent down and low interest rate.