When I moved I would rent the homes at negative cash flow.....at the time I was only thinking capitol gains not cash flow.The odds of me buying my "forever house" within the next 5 years is slim and I need a place to live so I'm trying to use my house fund (65K) to buy something that either cash flows while I live in it or when I decide to rent it in the future.I agree with you guys that a temporary living period will be necessary to learn enough about the area I may want to buy in.  3-4 months is what I'm thinking now.     

We were planning to move to the Gulf of Mexico for a job flying off-shore oil rig stuff but we decided we could never leave this beautiful place.

Use the tax-free cash out to acquire more income property and shore up reserves.

To avoid the seller from defaulting on you is too have the seller sell to you using temporary owner financing.

Hey guys another North Shore guy on the board here.I've been studying the market for quite a while.

Hello,Anybody know any attorneys in the area (preferably in the South Shore) who has creative financing experience or expertise?

Hello,My wife and I are trying to get into a house hacking situation on the south shore of MA.

Been flipping homes for a company in florida for years and recently moved back to the shore. 

The BUY loan is a temporary loan that is just there to help us close quickly and REHAB the property.Now, once you get to the REFINANCE step the things that might prevent you from REFINANCING are things like foundation, roof, woodrot, etc......all the things that should have been completed in the REHAB step.  

Max,It's very hard to accept that rates are higher but its a temporary thing and they will come back down.