Aside from these conditions, all FHA loans must be used for principal residencies only, whether it is your first FHA loan or second FHA loan.One way you can be granted a second FHA loan is through relocation.

It's not hard- install aerators in sinks which don't have them(and install Water Sense faucets when replacing faucets, they'll use about 15% less water than regular faucets.)Then use low-flow shower heads(go for 1.75 gpm, anything lower will cause unhappy residents.)

This is our first go around and we're hoping to put 25% down so we don't have to make it our primary residence.

I am seeking advice on how to obtain a Home Equity Line against my primary residence.

The 3rd one was my residence for about 3 years, been rented for the last 2 years at $0 positive cash flow.  

If SF came into a house that you were remodeling, assuming this is not your person residence, they can deny all claims.  

Our primary residence I bought before we were married and its in my name.

Helping a parent whose primary residence is paid off and has appreciated nicely in Southern California over the last 20 years.

From Publication 523 - "Determine whether you meet the residence requirement.

Now reside in NC.