Hi, I'm Noelle, I'm from Chicago and currently reside here, and I'm 16.

This will be our primary residence so we're looking for more than just cash flow.

Non residents may have a way to do it-not sure. 

They'll be standing with their feet planted when their buddy shouts from 20 feet away and they'll LEAVE THEIR FEET PLANTED AND "SPIN", which tears the composition right off.

I'm looking to get into the residential REI market here in Houston, TX.I purchased my first property 1.5 years ago (my residence) in Pearland and have witnessed the market take off.

The last stat I read was 42 percent of residents are renters in San Antonio.

This individual states that if we own a primary property that we reside in, we cannot for any reason buy a rental property and alternatively live in one of these units and put our primary residence up for rent and have it considered owner-occupied because we already own one property. 

If my assumption is correct and he is only planning to live overseas for a short period of time then I doubt the bank even knows that he is not currently using the home as a primary residence. 

Their HELOC rate is prime - 0.25% up to 80% LTV for primary resident.

This individual states that if we own a primary property that we reside in, we cannot for any reason buy a rental property and alternatively live in one of these units and put our primary residence up for rent and have it considered owner-occupied because we already own one property.