Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property?

The primary difference here is that the BD-24 is NOT a contract nor does it obligate the buyer to the agent showing them the property.

I personally wouldn't buy a condo as an investment property unless you don't have a primary residence and plan to house hack it (e.g. buy a 2 bedroom and live in the unit and rent out the other bedroom).

Short-term goal/first milestone: acquire enough rental properties to generate $2,000 in monthly cash flow after expenses.In my current situation, my wife and I are dealing with a mortgage of $74k at a 3.5% interest rate on our primary home.

For example, if you start with a big single family home in the suburbs, then want to hack a 4plex in Minneapolis the following year, there will be questions regarding your true intention to occupy that 4plex as your primary.

I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.My main questions I’m looking for thoughts on are…- What percentage would you keep in reserves?

One is my primary which I live in with my girlfriend - I'll call this property A.

Our primary location is Chicago.

Hello, my husband just became a licensed realtor and we are looking at creative financing options to house hack/ make our current primary home into an investment property and purchase a new primary home for ourselves. 

I purchased this property as a primary residence with a VA loan and lived in it for approximately 2 years prior to renting it out.