Benefits of Owning a Primary Residence First

[Kurtis Green]

Are there any benefits to owning a primary residence prior to investing in real estate? I am currently renting a place that I love (great location, great house, and rent way below market) and I was planning on investing in some buy and hold properties while still renting, but I was wondering if there is any advantages to owning a primary residence before starting investing. Specifically, I am curious if it is beneficial when trying to secure financing (and more specifically, securing commercial loans for a newly formed LLC/corporation).

I would appreciate any feed back on this topic. Thanks!