Investment Info:Single-family residence other investment.

If so, at some point lenders will not want to lend to you anymore and you'll have to come up with some other solution.

A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment Conventional Loan- 30 year amortization- $15,112.50 down pmt + any closing costs• Percentage of residents with less than $1,000 saved: 56%• https://www.gobankingrates.com/…/…/americans-savings-state/…- $287,137.50 amt financed- 4.375% interest rateHow the payment looks:PI= $1,433 mosIns= $105 mosTaxes= $458.33 mos (Assume $5,500/yr)HOA= $25 mos$2,021.3/mos PITIDTI’sHousing ratio= app 33% @ median income ($2021/$6124)FHA should be at 31% or less with Conv/VA/FHA being around the same although all have exceptions in placeTotal DTIThese hover between high 30%’s to manually underwritten total DTI’s in the 50’s or higher depending on the programs@ 45% Total DTI Ratio and assuming the above PITI pmt that gives a borrower approximately $734 per month in all other creditor debt (cars/cc/personal loans/etc)These numbers are not perfect but are rather a quick illustration of current housing affordability in Austin for Retail Buyers.Summary: Housing is becoming less and less affordable in the COA for end retail buyersAssuming increases in property taxes/insurance/interest rates on the horizon how does this affect us as investors?

So, I have a rental property that has a ton of equity but no one will allow me to take a HELOC or Home Equity Loan because it is not my primary residence.

Investment Info:Single-family residence fix & flip investment in Amarillo.

Personal Savings (automatic contributions and dedicated for fun/non investing items such as vacation and personal residence projects)We really like Ally and the APY is much better than traditional savings accounts- currently 1.90% APY.

If it was my primary residence that I was planning on living in for a long time, then I would put the effort and money into a rehab.

@Brian Barcelona You can finance up to 4 units under FHA for primary residence. 

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

Investment Info:Single-family residence fix & flip investment.