I recently hired a guy to replace exterior doors in my primary residence and he completely butchered the job.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

A qualified engineer does a site survey to fully document the assets then a team of engineers does a 100% property breakdown using all 32 primary divisions of the building code to produce an accurate report that includes all elements of a quality cost segregation study per the IRS Cost Segregation Audit Techniques Guide with a ready to File Form 3115 if needed.

Starting next year, I’d like to use the property as a primary residence, but I’m trying to take advantage of bonus depreciation running it as STR for remainder of the year and take the paper loss against my spouse’s w2 income.

Ideally, if it’s a FHA assumable loan the property has to be your primary residence for a year.

Once I’m in a financial position to purchase a new primary residence, I would then use owner-occupant financing to purchase this second property, move into it and rent out the first condo at market price.

Is this your primary residence?

I have certainly used one to purchase my primary home - but not an investment. 

We are selling a Virginia property which we bought as our primary, but switched it to an STR.

If you don't currently own a primary, househacking is where I'd start.