Take Back: The number of houses taken back is very low.

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

Needed to provide son housing.

I use my own network of vendors because the company's in house rates are exorbitant and the contracted vendors mostly unsatisfactory.

We had a sick kiddo in the house this week but hope to meet you at the next one.D.J., we will definitely chat sometime, I'm also fairly new investor so look forward to linking up. 

As a business owner I will never say anything negative about a former employee even if there could be things said.

I've run into this on several occasions where the seller wanted to buy a new house and the old loan was still showing on their credit. 

I currently have three which have stayed since I bought the houses 2017, 2018 and 2019. 

I have seen thousands of home owners over the years get stuck with an I/O Heloc and cannot refinance it due to lack of pay down and not enough equity/appreciation.You still have a 30 year mortgage at low 6% versus a Heloc in todays market at over 8-10% over a shorter term 10, 15, or 20 but never 30 yeas so in most cases the mortgage payment is less. 

As a note investor, we rarely if ever originate loans for owner occupied, we would rather buy on secondary market at a discount.