Or for the high-end primary homeowner has no legal way to 1031 exchange; so the deferred sales trust is a no brainer.

I’ve read you can put your primary assets in a trust which can help some.

Each potential buyer has come to their own conclusion that it would be too much hassle and risk to manage in this fashion vs a traditional rental even though the average cap rate in our area has been half that at best.

If convenience to local Houston attractions is the primary reason why someone would stay there consider highlighting that in your photos.

It has to be your primary residence to be able to use your VA loan.

Outside of my primary, they are all cash flow positive, some to the tune of 3-4k a month on a 12 month outlook.

.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

These are designed for borrowers who can demonstrate financial strength without traditional income verification.

If I pay for it initially with my primary residence HELOC , currently at 8%, the interest only payments would be $640, so $1,340 monthly expenses mostly.