My primary residence is in a trust.  

Nabby,Best way to first get into real estate is to buy your first primary home since the down payment can be zero to 3% down.

I am definitely referring to a house that was already insured as a rental, not as a primary residence.

They require a place to live, which is why mid-term rentals are driven by necessity.The primary consumers are traveling nurses.

I'm confused, are you wanting to buy an investment property in another state that you will rent out, or are you wanting a property that will be your primary residence?

Using some equity in the HELOC to purchase a new primary and to rent out the home we are currently living in.

Balancing rental income, appreciation potential, and location can provide a primary home and a long-term investment portfolio.Good luck!

You do not need to own a primary home in order to buy an investment property.

The primary metric you should be focusing on is return on your equity position.

Depending on the built in gain and how long you've lived there, you should be able to sell your current primary tax-free and roll any gains from that into your new primary residence, that is IRC section 121.Is there a set amount of time before you can move into the rental as your primary?