The only deal I am working on is currently my primary residence, which I am planning on refinancing and turning into a rental as we will be purchasing a slightly bigger home for our growing family.I just recently stumbled upon BP recently and am so glad I did.

So for my first potential I am thinking about refinancing my primary residence just NW Atlanta so that we can have the down payment on a slightly bigger home as well as pay some debt off and establish an emergency fund.

I have a realtor that I bought my primary residence with but other than that I am in need of everyone else involved in the process.

Their primary safeguard to protect that goal is forcing their partner (the borrower) to have as much of their own money in the deal as possible, such that if they quit making payments the bank is whole.

Our primary residence has a considerable about of equity (Apparently that's true because I completed a HELOC pre-qual form online and immediately after I hit 'submit' my phone was ringing with loan offers and it hasn't stopped for the last 12 hours).

@William Springer, If that home in Brooklyn is her primary residence now then it's not eligible for a 1031 exchange. 

Thanks @Tom S.This will not be a traditional mortgage, it is a business loan and due to the debt coverage ratio they are ok with a second mortgage as long as they remain in first position.I closed on 3 units with the same lender on the 1st of October this year with my own capital. 

I prefer that the seller does not go through the traditional process in order to save costs, fees and commissions and pass those savings on to me through a lower purchase price. 

Question for lenders (or anyone).  On an owner occupied 4-plex do all lenders calculate the debt/income the same way?  Would the entire PITIA go against the borrower as housing debt, Then use positive cash flow plus a...

But one question I have --- did you parents have a traditional IRA or a Roth IRA?