They based their loan on ALL of the properties, if you reduce their collateral value, you worsen the position that they did the underwriting on.

If you are not cash flowing and have a high earning job you don't need to deal with 3 or 4 rentals. 

It’s a way to earn solid returns without the day-to-day work.

-------Building an ADU in Raleigh is a fantastic way to enhance your property’s value (a whole other discussion there) and increase your property’s income-earning potential. 

Credibility Package - $7,800 reduced to $5,800 if you sign up right away. 2 to 3-month payment plans available. 

Since you're a citizen but you live and work abroad you'd still qualify mostly for second homes occupancy or investor non owner occupancy (primary is hard to claim if your job requires you to be physically next to the office as an example so an underwriter isnt going to readily believe you unless you can get HR to write you a letter to state you're remotely capable of earning this income/job duties anywhere).Hopefully that helps let me know if you have further questions into mortgage planning.

Run the calculations on the expense of doing a refi at a slightly reduced rate vs. keeping the current loan for whatever period of time you think you will hold this house.

Thing is, you need to understand it's going to a difficult way to earn a living.

Implementing water-saving initiatives is a smart way to reduce utility costs.

With that said I feel like I significantly improved my position and reduced my stress..Being  high income earner is great, but the goal is what you keep and what you spend.