Hello, My name is Jay Powell and I currently reside in Dallas, Texas. 

Can you take out a heloc on your private residence and use that as downpayment for flip financing?

I have found one major bank that will give us a HELOC on a rental and called ~30 other banks/credit unions in Atlanta, Georgia and none of them would offer the HELOC unless it is a primary residence.

I understand that with an FHA loan the property must be your primary residence for a year.

As a Hayward resident and Realtor I enjoy the diversity of the community, not just with the people but also in geography.

Resident also agrees to immediately report to the owner/agent any evidence of water leaks, excessive moisture or lack of proper ventilation and evidence of mold that cannot be removed by cleaning."

What I mean is, do you have a primary residence?

We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out.

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I have a rental property in Connecticut with one insurer, my primary residency with another insurer, and a short-term rental property with another insurer.