It largely depends on your shopping/spending habits, but I like to use my credit card for almost everything and then pay the balance in full each month. 

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I have a habit of forwarding mail the day the property closes to my PO BOX, but it never fails that stuff still gets delivered to the property.... one time, including a check from the title company for a correction to the settlement statement (despite numerous notifications to them that NOTHING is to go to the property). 

Additionally, I have no background or professional experience in real estate so I am struggling with initiation and access to vital tools and resources.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups.At the bottom of this page is a list with help in it.

A title agent or attorney can help you ensure you are using the proper language.The document must also be properly formatted and composed, where a local professional familiar with county guidelines is very helpful.Also, it is vital that you correctly reference the property's legal description.

Screening is vital but it is not the only step. 

If I believe my numbers, I should be able to pay-off that 2nd mortgage in 3-4 years without substancial changes to my spending habits if I'm disciplined.

In summary, most institutions I've worked with make a habit of owning both.

Secondly, if none of the leases renew until 6 months from now you might have a hard time getting approved for an FHA loan (since you need to habitate within 60 days of closing).