@Ethan McRaeI typically use credit unions for primary residence (many don’t lend for investment properties) but if they do we have found rates at credit unions to be better than a traditional bankFor example I can get a 30 year fixed today at my CU for 6%

Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

In my experience I've found it difficult to write a land trust as the primary named insured for the policy, but haven't had problems adding the trust as an additional insured/interest.

@Theresa HansenI started with no experience; my first rental was a former primary residence, which I still have; I still work full time; and I generate a part-time income with my portfolio. 

If I were to go this route it would be a midterm primary (3-5 years) and then be converted to STR or normal rental property after that. 

The two primary banks I worked with no longer exist  and all of my original banking relationships have moved onto different banks/lending institutions.

Hi all, my husband and I are trying to keep investing in Santa Barbara (which is kind of funny, considering it feels impossible) after having purchased a condo in 2020 and a single family home that became our primary residence in 2021.

The rehab on your primary will help with the cash out refi, there will be a new appraisal which should reflect the higher market value. 

Is it legal for me to move to Utah and declare the UT property as my primary residence to have a 3% down payment?

Commercial requires the property to be livable (not subject to), usually a 95% to 100% occupancy ratio, DSCR (rents) at 1.25% or higher, PFS, Strong assets, 12-18 months reserves, Fico above 700, I have seen lower but rate will be higher and in most cases cause the DSCR ratio to be under 1.25%.If you own a primary you might be able to use an SBA type program but those are not great.