Our home and the extra lot are listed on the deed and under one mortgage.

Many more buyers typically enter the market at this time as well, and today's buyers are becoming more accustomed to this higher mortgage rate environment.

Here are a few strategies you might consider:House hacking is the practice of residing in one unit of a multi-unit building while renting out the others in order to pay off your mortgage or bring in extra cash.

That can also cause issues with expired mortgage rates, rate lock extension costs/fee's.

The navy is charging roughly 1400 for a one bed one bath near the bases. my mortgage would be around $3100 dollars with my VA home loan.

Where these numbers are found, there is a very high rate of rent actually being paid.A little more about the area:We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

I work for Total Mortgage in CT. 

The answer is yes and no.The reason I say no is that most mortgages will have a clause in there allowing the bank to call in the loan if you transfer your interest in the property.the reason I say yes is that most of the time, they don't bother with this.

Beyond controlling moisture, relocating utilities, opening up egress and ensuring you have proper heights are going to be your other big costs.

You may not get the same rent as you did with the prior owner but at least you can stabilize the property in the short term, pay down the mortgage and reassess in 5 years.