Simply means that you live in one side, and rent the other side to help (or totally) pay off your mortgage.

If they can get insurance rates and mortgage rates to come down a little, we would have a light correction imo for SFH.

They has NO idea how to underwrite a commercial mortgage loan.

I’m in the real estate and mortgage world here in Chicago, so if you ever want to chat about financing options or general market insights, happy to connect.

Please check your private DM and email messages and please respond there.

Cashflow is not extraordinary because I financed on a 15-year mortgage.

Debt Reduction - at the very least, another human being is paying down your mortgage and increasing your equity.

There is a multi-unit property that I'm interested in purchasing and a USDA loan would be great but all the mortgage websites say that you cannot purchase any income-generating property.

I would take out a private loan on the paid off property to get the other one squared away

If you're not using Hard Money and the property won't qualify for conventional financing, then you'd probably need to locate private money or if you have friends with IRAs, they can be self-directed to invest in real estate.