Honest opinion - this seems like a great opportunity for you with 70% LTV at 5.5% for a property this type/size - I would be very very careful if you need to get the other 20% as a relatively new investor - someone willing to lend the remaining 20% could easily take advantage or come up with terms that could cost you - definitely depends on the further info - but tapping the equity of your current rentals and taking down the full 30% equity stake in this acquisition would probably be the best bet

I plan on getting a property management company to take care of it.

This could provide you with access to additional funds to help cover your mortgage payments while you explore other investment opportunities.Ultimately, it's important to carefully weigh your options and consider the potential long-term implications of each decision.

Investment Info:Single-family residence other investment.

If you’re in that situation or anticipating it, you can take advantage of a number of strategies to pay lower capital gains tax on real estate.Understanding the Capital Gains ProblemMany homeowners who purchased their homes long ago have seen huge gains in the value of their residences.

Or do the lenders require that I establish primary residence first, before getting an fha or a fannie mae loan for a primary? 

But one has to be careful that its not another Fox Conn situation that happened in the Milwaukee Wisconsin area.

After careful consideration, we ultimately decided not to engage the services of the group in question.

I understand this is not an easy task as the price in those areas are increasing, but we're trying our best to keep the maximum budget at $500K for the primary residence.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?

Many won't care about the law and will volunteer to help you for a fee. 2) Hire a real estate agent.But then who will handle the application process and screening?