I have my eye on a large single-family residence in Bethlehem, PA, but I have yet to acquire financing.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

With that said, here is an opinion: You cannot write off anything you use as a personal residence.

My 2017 property was a former primary residence that didn't sell when needed, most challenging.

Both strategies are great and have their pros and consOne of the biggest wealth building tools in real estate is the ability to purchase a property as a primary residence and put less then 20% down.

@Edgar Duarte Selling now under the primary residence exclusion avoids capital gains taxes, allowing you to reinvest the $500K equity in diversified assets like index funds or additional rental properties.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence buy & hold investment.

Would the buyers/borrowers be purchasing with the intent of putting a mobile home on the property and making it their primary residence?

Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.