That’s one of the primary things I was wondering when it came to a property like ours, we’ve taken care of it and of course upgraded things but that’s because we own it.

Is there anyway you could make the NV your primary home?

SEEKING feedback from other Sellers of rental or primary residence homes who have dealt with SINGH Development Company agreeing to Seller Carryback Finance terms and "the end result" from beginning to end of contract terms.The proposed offer is for 7 years, $600 monthly payment to Seller, balance due at end of 7 years, 0% interest as final overall price paid to Seller after 7 years from date of closing is inflated to $270,000.

Truthfully though, I would do a cash out refinance for a large sum of money on my primary residence to ensure I do get a better rate. 

With an FHA loan, we’re required to live in the property as our primary residence for at least one year.

Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.

Naturally my DTI is high, however my only debt is our primary residence mortgage I have had since 2020.

Balancing rental income, appreciation potential, and location can provide a primary home and a long-term investment portfolio.Good luck!

Primary Focus3bd 2 bth single family homes that are destressed, renovate, then rent to section 8 tenants. 

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.