Really, my biggest concerns are monthly payment and down payment.

If you buy a house in 2024 on a 30 year note, you've essentially locked your "rent" payment in for 30 years.

You will need to make sure rents are high enough to cover the new monthly payment on the refi.

Condotels generally require a minimum down payment of 20%, which all comes down to the condo financials and the condo questionnaire once under contract as to whether or not more than 20% down payment will be required.

I had a 40K bonus from a large sale from my 9-5 that I used as a down payment to enter into an owner finance deal to purchase.

Hello all, I've watched a few podcasts where it was stated that it would be smart to house hack every year to take advantage of the low down payment loan options.

I've been warned that tenants can go months without paying rent and a situation like that would make it hard for me to keep up with payments.2) New Brunswick.

This is easy in some markets where properties are in the 6 digit range, much harder here in the BA.I wish you the best of luck!

I have found properties in the area that generate cash flow with a 30% down payment.

I was ignored by the first mortgage company when requesting the initial payments for the architect/engineer and permits for a month, and then ignored by the second mortgage company for another month.