BRRRR is VERY hard right now out West.So, you have the primary that you live in and what is the other property?

Hi, I am a newbie investor who is playing the slow game in buying a primary, rehabbing, then turning into a rental or selling every 2 years.

Listening to podcasts: this is the primary avenue that you see a lot of sponsors getting their name out there, even if they can't market their offerings.  

-what is the background behind your plan to 'drive for primary residence'?

And if they found those tools helped them or not with the "jobs to be done" of their primary steps in the workflow (Find, Vet, Communicate & Manage (Leasing, acct mgmt, cleaning, etc), + Checkout)  for their purposes.Thanks @Jamie Banks

Any suggestions on doing a primary residence house swap, creative finance deal?

@Brody Veilleux You’re right—FHA loans are only for individuals and require you to hold the property personally as a primary residence for at least the first 12 months.Transferring to an LLC:1.

These loans often have more straightforward qualification requirements for investors with multiple properties but may have slightly higher rates.Cash-Out Refinance on Your Single-Family Rentals: If each has around $70k in equity, a cash-out refinance could provide some capital for the down payment, renovation costs, or even help you buy the 4-plex outright.FHA 203(k) or Conventional rehab loan: If you’re planning to occupy one of the units as a primary, FHA’s 203(k) loan or a conventional renovation loan could help with purchase and rehab costs at lower interest ratesPortfolio Loan: Some local banks may offer portfolio loans for investors with multiple properties.

With STNL if you have about 10 years left on the primary lease you tend to still get good debt on the property.

I don’t intend to occupy the house as a primary residence but purchase the property as an investment property.