So be careful there if you are talking about any major renovations!  

Lenders only care that they get paid back.

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

The only difference is that I care about the finished product and will not argue that it's "good enough" without charging thousands extra to make it right. 

I've absolutely called around, but we felt most comfortable with Zach as he was very responsive and eager to make sure we were well taken care of. 

Hi Mitchell,From our experience we haven't had any issues renting out properties to different residents that have a single family home and a garage unit conversion on the property.

2) Each taxpayer has their own tax rates to consider - Federal and state tax rates.When determining state tax rates, they need to potentially calculate the state tax rate of the resident state and the state where the property is located in.

If you need the interest only payment period to get a property stabilized, that is pretty typical in bridge loans for larger multifamily properties, but that is going into the property with the expectation you are going to be doing some substantial work to increase the cash flows accordingly, versus buying a property that has been relatively well taken care of and good property management in place.

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

As someone with vast rental experience in Austin, TX (and a resident of Dayton), I would suggest really conducting a PFS (Personal Financial Statement) ahead of time - if not already done - in order to better assess your purchasing capabilities, then we can dive deeper into the creative methods.Connect with me to discuss when it would be a good time to talk.