Lastly, what do you think were the choice you made that lead to your success?

Central Texas and Idaho are our main 2 choices, but we’re looking at other areas we also.

So, I have 95,000 in the property and now I am trying to get my money out, but I may run into my debt/income being to high for a traditional loan.

My main buyer will have the first choice at 55k which is 13% return.

We Refi'd into a specialized Heloc that allows us to access up to 80% of equity, with a much longer term and more stability than traditional helocs.

Are you househacking or is this a traditional rental?

I will probably go the more traditional route of the home refi.

Hi everyone, I've traditionally stuck to long term buy and holds that have required limited repairs/ improvements and have not gone through the refi process as yet.

I'm hoping to get either a 2b/2b condo/townhouse because that's all I can afford and rent out one of the rooms.Assuming I could afford the 20% down for a conventional mortgage, would it be smarter financially and investment-wise to try and put as less cash as possible and pay PMI or go the traditional route and pay 20% or more?

to me this becomes a very personal choice where you have to weight your Options.IE your own personal financial situation ..