Honestly, I think the PM bears some responsibility here.

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

I have the funds available today for the purchase of a rental property as well as a primary residence, but I also want to set myself and my wife up to reach financial freedom.  

In 2022 I also sold my money pot personal residences for $961,000 and purchased it for $154,000 in 1999. $500,000 was tax free due to being married.  

Investment Info:Single-family residence buy & hold investment in The Villages.

Currently your best bet will be to make the down payment and closing costs using USD presently (and for the last two bank statement cycles) residing in a FDIC-type depository institution.

Quote from @Jabs Carter: Yes, I am a Texas resident but I invest out of state.

What would you do with your current residence if you planned on living in the new one to get an FHA loan?

Attorney’s OfficeMay 13, 2011District of New Hampshire(603) 225-1552CONCORD, NH—Former Nashua resident Walter Bressler, 42, of Frisco, Texas, pleaded guilty in U.S.

And consulting with a local attorney to ensure compliance with state-specific real estate laws, plus making sure you have the necessary permits, is a smart move.As you start, also look into state-specific rules regarding contractors and renovations, especially if you plan to flip in different states from where you reside.