I am all for owning your own residence, but really it comes down to your current situation.

Residences and cars are not purchased in individuals names.  

I handle hundreds of insurance claims, resident compensation, crime, and pricing… so I am very familiar with the system and reasons behind policies. 

Hi Joe,Using a Home Equity Line of Credit (HELOC) on your primary residence can be a practical and low-cost way to fund flips, especially since the terms you mentioned include only a $200 yearly fee.

Because they were primary residences, we had homesteads on all of them.

Investment Info:Single-family residence fix & flip investment in Kenmare.

Investment Info:Single-family residence buy & hold investment.

It would be a primary residence.

Investment Info:Single-family residence buy & hold investment.

You can get into a home for little or even nothing down, perhaps add some value by renovation, then hop to a new primary residence in a year with little or nothing down, and repeat.