I have not heard of one of those, but am gearing up to buy my second house and could possibly use some sort of loan program like that!  

Groovy @Stephanie Medina good luck and keep us posted on your progress.These sorts of things are problems that no one really things about when buying a property and it is something that should be in their mind.

A bit concerning if the market takes a turn but overall and overtime we will be in a good postion.PS - Since 2003, Dean & DeWitt Property Management has helped investors buy, sell, and manage investment properties in the St.

So shift your expectations to most of the cash out and you'll be good and you'll actually start buying deals, versus people who wait for the perfect deal, spin their wheels for 6 months terminating contracts/analyzing hundreds of places, and then eventually burn out and give up. 

Simply gifting him half the property now wouldn’t immediately allow him to claim the exclusion without fulfilling this residency requirement, I don't believe.One thought would be to use a HELOC to pull just enough equity out of the current home and use it to buy a smaller home, or at least the down payment.

I work with mainly buy and hold investors here in Cincinnati.

Who's gonna buy them?

You are better of buying duplex deals on the west in areas like Brooklyn, Tremont, Cudell, etc...

Secondly, I'd chat with a realtor and get some recs on lenders to truly see what you're working with in terms of buying power.

For the rentals, are you open to buying "fixer uppers"?