Kind of hard to see why you would not want to press this button and try to pay it down/off as soon as possible, if it's your primary home.It's very unlikely you'll regret purchasing a primary residence in Boston if the market rallies, and if the market downturns.

It has an awesome job market, which is bringing in a lot of new residents, and that keeps the demand for housing up.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Our primary residents also has some equity, I have a HELOC with $166,000 available funds.

If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.

Investment Info:Single-family residence buy & hold investment.

Once the rehab was done I refinanced out of the private loan into a conventional loan as a primary residence.