Posted by Sarah on June 21, 2001 at 17:33:36:
Sounds like you know more what you are talking about than alot of the people I’ve talked to. Here’s my delimma (hope you can help). I have not gotten my feet wet yet with my first property. Most places say I can’t get the loan, even with my good credit, unless I live in the property (that’s if I want 100% financing, which is what I must do). The problem is living in the property. Many properties will have a positive cash flow, unless I live in the property, then the property becomes a negative cash flow because I’m loosing out on that extra rental unit. What programs are out there you know of? What can I do?