If I am getting a primary residence mortgage loan for 3.5% down,  Is the lender allowed to know that I plan to rent the other rooms?

It's google-able, so won't try to explain it here... but often the biggest challenge of buying property # 2 is that they want to see a certain track record with property # 1 in order to offset the debt expense with rental income.  

First - You will have other expenses ontop of your mortgage payment.

Despite these, the successful sale at $82,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

There is nothing wrong with your plan. 10 years ago, I inadvertly did it as I bought a home lost my job and move away within 4 months.

Despite these, the successful sale at $465,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

I plan on buying a SFR in Dallas Fort Worth area for about 220K.

Weigh the cost of your current payment plus a heloc payment versus a long term fixed rate on a DSCR loan or whatever route you plan to go.

The fact that title insurance includes defense expense is a great lesson in why chosing NOT to purchase owners coverage is stupid.Of course if the court doesn't award the easement, the title insurer would likely pay out on the title claim based upon the lack of access.

HI Nichole,There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.