I thought I just heard that Expedia acquired VRBO and that they are going to start charging another 6 percent to their clientele.

Write your postHi Everyone,I am looking at buying a condo that has less than 50 percent owner occupancy.

Property taxes are high in Chicago and it is an incredibly landlord unfriendly while Cleveland has virtually no population growth, low median income and high percent of people living at the poverty level.

What is the 20 percent that matters most to you?  

Now I can either FHA at 3.5 percent down and go that route.

You are typically required to also sign a form stating that you will be living in the residence for a minimum of a year as well so people aren't taking advantage of owner occupied home rates vs the 6 percent you usually see with investment type loans.

A little more risky but 10 years from now you’ll be glad you don’t owe someone 50 percent of everything you make while you are doing all the hard work.

So your mortgage would be USD 506 on a 30 year term 5 percent interest rate (a guess). 

I am currently just putting it into a savings account that has like 0.01 percent interest or something ridiculously miniscule like that.

My loan is at 4.125 percent which i believe is pretty good.