I also paid cash and we were apart 50k from what the appraiser showed and what the owner wanted. this was an off Market deal, I negotiated a 3 year 4% loan with the seller and.

At this point, for the right house and loan, we'd move almost anywhere.

Loan of $162,000 (SFH) is currently at 6.275.  

Interest rates for primary residence are typically about 1 percentage point lower than conforming investor loans so if you can buy a new primary residence and rent you current one out you will save a lot of money on interest payments.3.

I'm trying to learn from my mistakes, including being able to read a title, getting all other information (liens, loans, taxes, etc.), fully researching before I buy a property, getting a lawyer to help in future bids, title insurance, and home insurance.talked to a title insurance company they said my my title search is an abstract does that mean there might be vital info missing regards to more money i might have to pay  ?? 

So I bought my first house for $605k at 6.4% with a conventional loan 5% down.

Purchased home using VA loan.

How long will you have to carry the debt before you have enough homes paying lot rent to cover a 400K loan.

I would disagree about the "broke" college student angle.

In my opinion, I believe renting to college students is a great idea.