The company who purchased requires the payments via check (at least for the first one), but it's now been 3 weeks and my check still hasn't been deposited. I called and confirmed with my original mortgage company befo...

You could take a personal loan to cover it, or a line of credit on your primary home, if you have equity

Just want to make sure I am able to do this.I have owned my primary residence since 2008, before I was married.

Scenario A (typical) - $500k duplex-$125k down-$375k mortgage at 4.6%Scenario B (modular financing) - $500k duplex-$125k down-$260k mortgage at 4.6%-$75k HELOC on primary residence-$40k loan against 401(k) (technically this would be $165k down, but you get the point)In scenario A, paying off the mortgage quickly makes zero improvement on cashflow until you pay it off completely, or refinance, and there's no point in that if your rate is locked in lower than current(or future) market rates.Scenario B could involve higher interest rates on the HELOC and the 401k loan, but you have multiple, simple, easy options for increasing your cashflow, and then you don't end up playing as much in the overpriced, volatile stock market.

Indeed if my career had started 5 years earlier it would have feen far easier to get into the market as my income and savings really only hit a good place around 2014...This summer we purchased a rental home which will eventually become our primary residence for more than I would have dreamed of a few years ago and in the end we had to ask ourselves two questions.

I am a current customer with Flagstar Bank and I am applying to refinance my primary residence.My FICO mortgage scores are 632 , 623, 590.

One tip I can give that I liked about my rental properties is to have them located in the same/similar area...preferable close to your primary residence.

I've always had interest in RE from a distance and with the uncertainty in my primary field, the interest is increasing.I'd appreciate any thoughts from the BP community. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Need 101k down, I have 20k, fully rented now and its 3 min from my primary residence.

This would be my first purchase and my primary home.