Hello all,  I am in the process of refinancing my primary residence to use the equity for an investment property and I was wondering what is the typical equity required, on your primary residence, to be able and secure an additional loan for said investment property.

Another benefit of owner/manager is that your residents will see you taking care of, or not, the property and will do the same as you do.

Not sure that all agents would think to mention that as they might assume you know and the PM won't mention it unless he wants to know which resident is going to be paying him after closing. 

It was my primary residence since 2011 and it has currently been a rental property for the last 6 months (I moved to new construction). 

I’ve also known people that have bought and sold their primary residences here within 24-36 months and made 6 figures.

@Mitch Crofts Why not just sell your primary residence?

Why don't you take some pictures and put up a test ad on Zillow/Hotpads/Tulia to see if you can get high enough rent to make your primary residence cash flow?

not for home builders or folks buying a primary residence ???

@Robert Ellis  Our Business Plan is to purchase Buy and Hold rental properties for longer term investment and to offset those with some Enhance and Resale properties. 

Welcome to BP from a fellow Tampa bay resident and investor.