With the STR strategy you potentially go with the 10% down second home occupancy loan that comes with a lower interest rate

The biggest selling point for me was the people, it's home to some of the most genuinely nice people I've ever met. 

Any tips?

[Status]- Our current home is owned free and clear with no mortgage on it (Est value 199K).- We will keep our current home as an investment property.- We will get a new home as our primary residence (Approx  400K).- We will be taking a loan against the current home to cover the down payment for the new home.- Additionally, we will use the loan to remodel our current home and rent out. 

@Henry ClarkThanks for the tip!

I'm looking to purchase another home or undertake a flip.

Flexibility for Future Moves: When I decided to move out later, I can continue renting both units, creating a consistent income stream even after transitioning to a new home.

Besides, these determinations are almost certainly state-specific, possibly even county- or municipality- specific as you pointed out.In my home state of Texas, burdens are conveyed on the date of the tax auction, as far as I know.

As a first-time landlord, I'm unfamiliar with the process and would appreciate any insights or tips you can share regarding renting to tenants with vouchers.Thanks Candi

Hi My name Is  Eloisa 
I just bought my first property to lived in, I used the 203k loan  that it was a little hustle.
Just to share a little more about this loan that in my opinion was better than a regular FHA bec...