Investment Info:Single-family residence wholesale investment.

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

-what is the background behind your plan to 'drive for primary residence'?

I work with a lender that allows that as long as we can document some explanation that the borrower doesnt plan on occupying the home as a primary residence.

I have finally settled on a price for my farm (12 acres) which would allow a short plat and development of a cul de sack and build 5 residential lots for 5 of the acres, and then the farm with my own residence on the 7 remaining acres.

Has anyone found success in turning your primary residence into a rental, buying a new primary with 3-5% down and repeating each year?

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

If my wife and I own our own house which have appreciated well over 1 million, and I would like to use a 1031 exchange in order to defer taxes - I have these questions, let's assume we purchased it for $1 million, and it's now worth 2 million dollars and I lived in it for the past 3 years as my primary residence.1.

I have more pics where only able to post 2 per post.Based on our visual structural inspection of the referenced residence, all the roof framing and themajority of the residence should be rebuilt except for structural members on the front side whichwere addressed in this report.

One of my friends recently asked me for advice, and I want to make sure there's not something I'm missing or a better option for him. 
He and his wife are renting a property that his parents own. They are paying $1,1...