There in fact is no law in Texas saying you cannot have a HELOC on a non-owner occupied property.

Your neighbor s as Sean mentioned, have a lower tax bill likely due to the fact that they live there and there are laws that prohibit the tax assessor from raising the property values more than 3% per year when it's your primary residence okay, it's also fairly common for your tax bill to significantly increase in the tax year after you purchase it.

I did some mobile home deals down there (4 total) and the change in immigration laws and the recurring storms has really dented the demand down there. 

Hi @Erin Colbert,The law requires owner-occupancy of either the newly created JADU, or the single-family residence.

This is where Americans who understand how to navigate international financing, property laws, and cultural nuances can create deals rather than just buy into the hype.

Anti-money-laundering laws are largely to blame.  

The properties  rent is more under market than the others as well but I raised their rent a year ago and I plan on raising it about three percent again this year according to state law. 

In some cases, we give them a 60-day notice but in this circumstance, we would stick to what the law requires.

I am going to be the contrarian on this subject.. 1. the pre license course is valuable as it teach's the vocabulary of real estate and the basic laws of your state.. its dirt cheap and one of the better ways to build your foundation. 2.

They prefer the middle/southern part of the country because the laws are friendly and prices are more affordable.