Investment Info:Single-family residence wholesale investment.

@Brody Veilleux You’re right—FHA loans are only for individuals and require you to hold the property personally as a primary residence for at least the first 12 months.Transferring to an LLC:1.

One note is that if the property was helping cover my costs of living while I house hacked it I wouldn’t worry about negative cash flow while I resided there.

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.

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

Investment Info:Single-family residence wholesale investment.

-what is the background behind your plan to 'drive for 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.

There has been downwards pressure on rates this year due to the economy. 

You’re definitely not alone in feeling this way—success and the pressure to achieve it can bring a lot of anxiety, especially when you’re just starting out.