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

If the owner does not meet that residency requirement, another human being must be identified as the local agent in charge.

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

There is risk with this approach that the tenant can have short residence or leave in Nov to January.  

I am going to be moving in the spring and will begin renting out my current place of residence at that time.

-Limits placed on the number of people that can be in the residence at any one time (i.e., no parties, gatherings or additional overnight guests).

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

We wrote into our purchase agreement that a separate septic agreement needed to be drawn up and attached to the recorded deed for all future owners which protected us and the other home owner,  and will make it easier to sell in the future with that in place. 

The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.

I am curious as to if anyone is aware of any first time home buyers programs for buying the first Primary Residence.