Lee that is not the case at all, who did you do your cash out with on your primary residence.  

@Lee Gierszewski How do you propose that the tenant caused the pipe to freeze?

@Jeffrey Lee I don't think living in a property for only 1 year will get you owner-occupied benefits especially if you have a primary residence with a mortgage elsewhere.You can classify it as a second home and then change it to a investment property on your taxes when you start renting it out.If you do a split between your use and rental you just need to give that info to your CPA come tax time.When you take out the mortgage you need to declare it as a primary, secondary or investment property.

Originally posted by @Lee Ripma:I have had the problem of not being able to pull capital out of a deal that I had massively increased the value of.

Jason Lee this is located in Weehawken, right near the border line of Hoboken.

As @Jeremy Lee mentioned it depends on what size building you are looking at.

Hi all - I’m looking for PMs who specialize in the following areas of KC:*KCK*Liberty*Lee’s Summit*KCMO - north*KCMO - southIf needed, DM me for a JOCO property manager.

I’m looking to owner occupy a fourplex in Lee’s summit or blue springs.

@Lee BurnsHave you considered using your VA loan if you can qualify for one?

(yes shame on me this gentleman introduced himself as Lee Morris)