My only experience purchasing real estate so far is for my primary residence using a bank.

Also, when you move out, you can either rent the doce where you used to live for additional cash flow or sell the property and do not pay capital gains on the portion of the property that you used as your primary residence. 

Hello all and thank you so much for maintaining such informative site. I am in TN and live in a home with its yard that turns out contains 4 lots. These lots just need to be reinstated and can be built on, a home on e...

However, if paid off, it would significantly dig into my savings, to the point it may or may not effect the upcoming primary residence purchase. 2.

I'm really grateful to be a part of a platform that encourages collaboration between everyone with all levels of experience and knowledge. 

I'm looking for an SLC house hacking situation (2-4 unit properties and/or single family houses with rentable basement/apartment/guesthouse) near Liberty Park or the Marmalade Library, but my primary goal is just to meet with as many local community members as possible.

Would there be any tax implications (penalties, interests) if after those 5+ years (of unsuccessful rental) I would build there my vacation home or a primary residence? 

If you are buying your primary home the lender will be a little more lenient on those requirements rather than an investment property. 

This is the primary reason we factor ROI into investing and why cash hoarders do not acknowledge ROI.You pay down a mortgage and the income it generates is equal to the prevailing mortgage interest rate plus the principal pay down, which you already get anyway.

If we sell our primary house, is it better to pay off the student debt or put a nice downpayment on the next house?