Further details on the gameplan : Although to date we own 2 rental properties and have done 1 flip, we want to do a house hack/ renovation for our own primary residence to live in, build equity + possibly sell 5-10 years down the road.

The most I could probably get a personal unsecured loan for would be $40k and I don't have time to get a HELOC or for that matter have the equity in my primary since I just bought it this year. 

He is looking to purchase Duplex- Quadplex as Primary Residence.  

Hi everyone,I am considering selling my primary residence in Portland to raise some more cash (already mortgaged) but would like to continue living in the house for 1+ year.  

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If you are getting a loan as a primary residence you must intend to occupy the property as your residence. if you buy and say you are buying it as your residence but the whole time you are planning to basically not live in it, that is  lying and could get you in trouble for mortgage fraud. you may not get caught, but if you do it is taken seriously, beside legal trouble lender could call the mortgage due if they found out you were lying.

So it's a bit of a chicken and egg problem, but this is why "new agent 101" is to have agents tell everyone they know about the fact that they are now an agent.Lastly, if you do direct marketing to sellers for the primary purpose of buying their house, and you get responses but the selling is asking too much, you can try to convert those people to listings (along the lines of maybe, "I can help you in multiple ways", one by buying myself, another by listing if you prefer a higher price but a longer wait, etc.).Good luck and let us know how it goes of course!

I do have about 48k in equity tied up in my primary home.

The plan would be to use this replacement property as an investment and then turn it into a second home or a primary residence after we sell our current home tax free.  

Wondering what the best solution might be..Prop 1:  Bought 2011, FHA 3.5% w/ PMI; MV ~185k; Loan Bal 92k; HELOC 36k @ 5% floating off Prime (drawn to pay for down pmt on other property); Rental (performing)Prop 2: Bought 2014, FNCL 3.875% w/ PMI; MV ~ 260k; Loan Bal 173k; Rental (performing)Prop 3: Bought 2018, FNCL 4.625% w/ PMI; MV ~440k; Loan Bal 356k; Owner Occ / Primary - Saving the detail, to get the deal I had to put up more down payment than I would have liked to...