My primary residence is owned free and clear and I really want to tap into the equity.

It would be a primary residence.

Quote from @Salil Surendran: Just rented out my primary residence and researching insurance coverage.

On the RE side - I own/developed 2,000 residential units across the United States focusing on opportunistic residential acquisitions and development, including student housing conversions and luxury multifamily development.On the startup side - it is a third-party guarantor platform that expands your renter pool, increases rents and occupancy, and ultimately boosts your NOI while broadening affordable housing options for renters.

Sometimes we see large amount of equity in a primary residence that can be borrowed against, even in 2nd position if it has a great rate that you don't want to lose.  

Investment Info:Single-family residence fix & flip investment.

The terms Subsidiary LLC and Parent LLC don’t mean much on their own—they just describe one LLC owning others.

Investment Info:Single-family residence fix & flip investment in Kenmare.

Investment Info:Single-family residence fix & flip investment.

I am renting two units (1 basement and 1 side unit) in my primary residence.