Purchase as a primary residence and move into one of the units and rent the others out.

It’s just a huge headache and one that I don’t want to deal with.There is another way that not only helps people get into houses and allows for easier qualifying at the end of the term, to buy a house; it allows the resident (renters) to just get a refinance instead of a new loan.

8) I reside in the Granite State.

My down payment & closing costs are going to come from a HELOC on my personal residence, which will cover anywhere between 10-20%.

I am not the only one, check with the other residents in Harvest Park.

I reside in NJ and partner in Mass.

A few weeks ago I made a 155,000 offer on a house listed for 177,500.It had a couple of problems, but would work for me, as either residence or rental.

This would be a short term investment averaging three years, then the resident will purchase the property.I have not factored closing costs into the questions below, simply, becuase they could be really radically different.

I reside in Michigan and recently they switched from selling tax liens to tax deeds.

This is a must if you dont' want to lose a lot of rent (and driving time) on turnovers.I don't rent to smokersIt is a RESIDENCE, no operating a business from the house.