Since my first property is long-distance, I figured it’d make sense to look for my next one closer to home.

I specialize in single-family homes and long-term rentals that are turn-key ready in over 10 markets.If you'd ever like to connect or have any questions about turn-key investing, I'd be happy to help!

Don’t overlook the 10% down second home occupancy loan for financing a property like this.  

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

But Scott is doing something other than what you do, which is seller financing owner occupied homes.

We renovated duplexes and converted. if the price of a condo is similar to a single family home I would pass on it.

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

This was on a 'luxury' home."

I see this home and what you paid and while it's not at all a bad price, I've seen investors offering that size in Palm Bay for as much as $15-25k lower.