I would recommend selling within the next three years; otherwise, you are going to lose the capital gain exclusion on the sale of your personal residence.

My fiancée and I are looking to buy our first place maybe next year, I was hoping that I would be able to put 5 - 10% down and still get first time home buyer (cmhc site specifies primary residence, not investment properties).

Was the seller living in it as a primary residence and decided to rezone it prior to putting it on the market? 

My primary source of income at the moment is from a non-real estate related business in PA, and I’m a resident of NJ.

There are plenty of loan products for owner occupants out there, even for properties that require rehab, that a credit worthy borrower shouldn’t have to use HM to finance their personal residence.

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelery, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence Good Luck

@Christopher WestUsually there is a minimum loan amount, not sure about a VA loan but I've heard 50k is around the smallest loan you can typically get on a residence.

Next, we wanted to provide further security for the remaining residents and we did not know who had the key to the front doors. 

Actually I used my VA loan to acquire my current residents, which is a triplex, three family three decker in Boston.

If you didn't buy this as an investment property but as a primary residence, and now you aren't using it as a primary residence, I'm struggling to understand how it makes sense to keep it.