This is because FHA loans are assumable, which means that a potential buyer is willing to pay a higher price for a home if they can take over the existing low-interest rate mortgage.

So it may be better to let someone else do the heavy lifting and take most of the risk (i.e. they be the sole guarantor on a construction loan, etc).

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

Hi if I am going to buy and investment property , put it under an LLC, what are the pros and cons of using a saving secured loan vs. delayed financing?

Is there anything that would prevent me from refinancing using a vacation home loan now? 

You earn appreciation based on the market value of the property, not your equity.

I understand there are specific methods like cash out refinancing, HELOCS, and equity loans. 

Cash flow before taxes" = NOI – Debt service – Capital expenses + Loan additions

When you graduate, fill your space with another student and then buy another house hack while you get started in the business world.Yes, you should work the "boring 9-5" to generate income and qualify for loans.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you