I bought from a primary homeowner in Indianapolis metro area who took really good care of this home (I did live in this house and rented it out when I moved back to California) and from a flipper in Indy more recently.As far as primary homeowners, they can range from taking really good care of the house to someone who has a lot of deferred maintenance - I renovated a local property that had a lot of issues.  

Truthfully though, I would do a cash out refinance for a large sum of money on my primary residence to ensure I do get a better rate. 

That’s one of the primary things I was wondering when it came to a property like ours, we’ve taken care of it and of course upgraded things but that’s because we own it.

He found a company insure my primary resident in CA and helped with policies on my properties out of state as well.

Primary Focus3bd 2 bth single family homes that are destressed, renovate, then rent to section 8 tenants. 

@Celine RechyyThe primary rule of thumb is you can never start early enough in real estate.

If your primary has a net $1M appreciation you’ll only pay $100k cap gains tax - that’s a lower alternative than what you propose.

I am in an interesting situation where I am in need of money to finish renovations on my primary residence.

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

SEEKING feedback from other Sellers of rental or primary residence homes who have dealt with SINGH Development Company agreeing to Seller Carryback Finance terms and "the end result" from beginning to end of contract terms.The proposed offer is for 7 years, $600 monthly payment to Seller, balance due at end of 7 years, 0% interest as final overall price paid to Seller after 7 years from date of closing is inflated to $270,000.