Even after one year, that property may provide thousands of dollars worth of appreciation, you will pay down your loan and build some equity, and you can depreciate the asset. 

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

Hello,I was wondering can you purchase a mutifamily home (duplex, triplex or quad) as an owner occupant residence with a USDA home loan?

Hello all,I have owned my primary residence for 3 years.

Could you elaborate what a resident benefit is or 2nd nature?

Because I still have that equity and if I were to liquidate it I would be better off.

@Juan Perez Turning your primary residence into a rental is a great way to build your investment portfolio.

Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).

I'd estimate that I currently have about $300k in equity on my home, and am seriously considering borrowing some of it to invest in real estate, however I have no idea what the best options would be (syndicating, rentals, flips, lending, etc).

Starting to see the light, but this deal would be my first deal focusing on equity gain and appreciation.