If it does what ours does then you can make a decision. our two houses are about 1.5mm together - maybe with a $2mm house you will have a little more responsible guests but I doubt it as there is always one person that screws it for everyone.fortunately for us, the dip in income didn't impact us because we bought with cash but if they have that pressure it may make a difference 

I have the necessary income and credit, but am a little lost on what types of loan products and which lenders I should be looking for. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Do you currently own investments on the island?

The home appraised last year for 2.1m, currently on the market for 1.98.

They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

Hi everyone - I am currently exploring opportunities in the Dallas/Fort Worth area and would love to connect with experienced cash buyers in the area.

Short-Term Rental:Long-Term Rental: Offers stable income and is generally easier to manage.

Quote from @Michelle Miner: I am currently TRYING to close a deal with them... not sure if it is going to cross the finish line.

Given our current properties, is there a creative way to do the financing that would allow us to buy the beach house without losing our current rental income ($6250/month) we are relying on?