A few years earlier in 2012 I had filed for bankruptcy and was just now eligible to buy a house.

I want to know if I buy a four plex under an FHA, claiming that one of the units will be my primary residence, can I move somebody into the unit I claim as my residence and collect rent from them without issue? 

We are a family of 4 (45/40/6/9) in Bergen County, NJ and interested in buying a beach front condo in Wildwood Crest, NJ.

I'm leaning toward buying a single or double family home with the intent of renting to others - not sure about short or long - i guess it depends on the deal and how it goes? 

The cash flow is great, but I am looking for a lending source---private or a financial institution---to buy many more like these---they need to be in small cities though.Property management is not a problem, since they own the house and will fix it up themselves. 

@Charles Burgess To be honest with you, the chances of you buying a lot and building on it for less than the cost of buying an existing property are pretty low.

The great. thing about the 1031 exchange it is will allow you to sell in Tampa and buy any type of real estate anywhere in the US.Here's one caveat to explore however. 

If the value goes down the tenant doesn’t buy or renegotiates and you lose.

If you were me, would you be looking to buy now or waiting to see how the higher interest rates and end of the pandemic (hopefully) impact prices?

Buy with seller financing with terms that allow a 48-month principal payment of $150,000 and you've achieved your first question.