. - Brief sidenote, I'm a brewer by trade and education, so if anyone wants to do a little skill-swapping, I'd love to show you how to brew/make wine/distill in exchange for a partnership.

I'm curious though on data points re: use as medium of exchange for real estate purchases.

If you find out that you can do a better deal with something else, sell the property and do a 1031 exchange for a multi-family (to alleviate capital gains taxes).

I couldn't tell for sure if they had a similar residency requirement to FHA where you are living in the property for a minimum of 1 year.Has anyone used these programs - insight?

Thanks for your insight!

If you elect to sell, you'll be taking advantage of a 1031 Exchange on the rental (hopefully)...otherwise, you'll be faced with capital gains.

Thank you for the help and insight.

Thank you for the insight.

Meaning, can/are you able to fully finance yourself with the funds from REI (able to pay your own medical bills out of pocket, savings built up enough so you don't need 401K, etc.)I just don't know what to expect and It would be amazing to get some insight on it so that I know what to prepare for.Thanks BP!

Thank you all for your information, it’s helpful and being a first time Multi family buyer, I just needed some insight.