The interest will be higher than a HELOC on an owner occupied residence.

No one is going to care for your property like you are.

I agree with you that it would be best to have both the company on the lease in addition to the tenant, we're just having a difficult time figuring out how to do that because of the language on our lease- It just used the word "tenant", so we're not sure how to clarify one party is financially responsible, while the other party will actually be residing there (tenant)-

I'll take a quality resident a few bucks under top dollar any day of the week.Happy Investing !

I was planning on funding the 25% down payment on the single-family rental purchase with a HELOC from my primary residence.

Owner builders can pull permits if its a personal residence but not investment properties

We are open to renting out our primary residence, and renting an apartment ourselves, if that helps anything. 

Health Care PoA3.

Well this company has been around for 10+ years which a is a good sign and they are willing to take care of maintenance of the property but I am not getting anything extra in terms of higher monthly rent then what I was originally asking for normal tenants. 

Hi everyone,I am looking for a HELOC on my primary residence in NYC (not listed as such in the W2).