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.

Yes, I am familiar with the carry trade, it would be quite hard not to be if you read any paper.My earlier lengthy post was in reference to the company earlier and their claim that anyone qualifies for a 2% mortgage.Only residents of Japan qualify for this.I referenced with links to support, but they were deleted (as spam?)

Is this for your personal residence, a rental, a rehab?

Bling Bucks- The reason I'm looking at 4units or less is simple because I can claim that it's my primary residence and get better financing than if it's considered an invesment property.

He is our resident 1031 expert.

But I would like to invest in other properties as well as my primary residence.

If you pull some more equity out of your primary residence and can pay it down to an 80% LTV (if you have any left) and the rate should drop dramatically.With an 80% LTV you could get an interest rate around 6% and an I/O payment of about $760 plus taxes and insurance.

You might look at purchasing some property now or doing it for your personal residence, but I would wait before you start remodeling for resell.

I am prepared to puchase my first house and am wondering if it makes more sense to make it my primary residence (because of the perks that come along with this), or just do a short sale or wholesale deal for my first property.

Yes,If you're claiming it's a personal residence when in fact it is a rental, that's MORTGAGE FRAUD!