The 'investor' promises that the homeowner can continue to live in the home and repurchase it later or promises them new financing.

I've lived here my whole life and have really seen a dramatic change in this amazing city. 

I'm originally from the area and have been starting to look at some properties there as I am living in New Jersey.

I'm planning on buying a small multifamily first and foremost so I have a place to live and then will either buy a single family or another multi family depending on what I can find/fits my criteria at the time.

I live in the Lancaster PA area.I am new to real estate investing and looking to connect with any local investor.

Hopefully you guys can help answer this for me......I live in West Virginia and primarily invest outside the state. 

When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in). 

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?