I have equity in my primary residence and some non retirement savings (but hesitant to dip into that… ) Interested in hearing your responses!!

If you refinance it as your primary residence, then yes, you will be signing a new Mortgage at closing that says you intend to occupy for 12 months, essentially resetting your clock to another 12 months.But here's the huge kicker.

Without going into too much detail, we had a mid-rise apartment building in our downtown collapse a little over a year ago which very sadly killed 3 of our residents.

From my employer, I have legal insurance through ARAG that covers 100% of attorney fees when buying a primary residence, filing fees are extra.

@Ian Stuart, Does equity in a primary residence count toward net worth?

We did buy the basic indoor system for our primary residence and use it everyday.

Supposedly, a father with 2 kids moved in -- instead, a rotating circle of criminals resided there.

I will be renting out my current primary residence and moving to the house I will be buying.

FHA will allow up 96.5% financing on a 1-4 unit property for a primary residence purchase. 

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.