Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Negative monthly cash flow per month to get primary residence?
If you experienced monthly losses, (about $1k), and live in it for 1 year to qualify the property as my primary residence, is it worth it? Granted, after the first year I plan on purchasing 2 properties, one to live in, and the other two I would rent out. I may be naive to think it is necessary to take a hit in order to get the primary residence, and also get my foot in the door...