And when you graduate and want to move, a house can take a while to sell.Also, when you apply for a mortgage, you get better rates as an owner occupant, and there's plenty of government incentives/grants for first time home buyers.

Do the government rebates apply to investment properties also?

At least when I contacted them most were looking to fund 65% of the purchase price and leave the 35% and rehab on my shoulders.You could go the Government way.

It may be tough to do with government-backed underwriting requirements, but closing in a week using private or HM lending is certainly possible.

even if it's not the best deal you ever make, you will at least be paying towards equity on a home instead of deepening the pockets of a college..also, i went to a small private college outside of the city, where you could buy a cheap house a mile away...larger universities will be a tougher purchase..depends on where your daughter chooses to go...something else to think about for college rentals, however..i have had people want to rent my house but couldn't bc their government aid only applied to on campus housing..not sure if this is everywhere or certain grants or what..just something to be aware of that everybody won't be able to live off campus

They would have to come up with cash or some other financing that is not backed by the government.

Expect nothing less from your government!

They probably worked for government and thought they could have a budget deficit, borrow money, and pay my rent.I am sorry for the rant, but some of this behavior is amusing and frustrated at the same time.

but governments don't always.

Key Considerations for the Future of the Secondary Mortgage Market and the Government Sponsored Enterprises (GSEs).