One  downside to the VA loan is having to pay for the VA  funding fee  ( unless you are  exempt  on  having to pay this ) ...if you pay 600K  and put  10K down  and  finance  the VA  funding fee - your end loan amt will likely be  > 600K ....make sure you have a loan pre approval in place  and make sure you can use antoher VA loan .   

Hereby releasing and waving all homestead exemption rights, the fo9llowing property located in X County, State of Washington:It would look something like that. 

The rest of the states if they are business purpose loans and described as such in the debt instruments are exempt from licensing. 

Tenants hear certain things but are unaware of the exemptions.  

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

@Brett Stec this is a tough one since the primary residence exemption won't apply to her and she won't be able to do a 1031 exchange since it isn't an investment property. 

@Jen Breysler, You're going to qualify for the 121 exemption. 

He was going to check his files and any exemptions then get back to me.  

Am I exempt from capital gains tax since I have been living in the house for more than 2 years consecutively or do I have to also own the home for at least 5 years to get qualify for the exemption?

  $500K is exempt from cap gains if you're married the remaining is what you pay cap gains on.