We do however have a conservative $150k equity in our primary residence as well as access to other forms of credit to get the job done if needed. 

We have a primary residence, we're looking for a weekender home with the potential of renting it out possibly 6 months out of the year, full time in the short term, or just during the peak summer months; areas of CT that attract a strong summer rental market. 

@Joe Moore - We used Huntington for both our Memphis flips and personal residence. 

I'm also a former Oregon resident by way of Corvallis, OR. 

Hello Miguel, my wife and I also reside in Reunion.

If the lease is ending in 4 months or less, you could still list it and if someone wants to buy it for a primary residence, they would just need to know that the current renters would be moving out by x date and if they close before then, they would just pay any rent due to them in the meantime.

Hey guys, I currently own my own primary residence and was considering selling (live in California with some nice appreciation) and using the BRRRR strategy for my next primary residence, keep it for a few years and do it again.Anyone doing this or do this in the past?

@Matthew WardYou are correct - Florida does not have an income tax on individuals.If you operate out of state - a portion of your income may be sourced to a different state.You may be required to file a non-resident state return in that state.The Federal tax return reports income that you earned from worldwide sources.

One was on my personal residence in North Riverside and the other was on my investment property in Lyons, IL.

I intend to use conventional financing for the first few, as I currently only have one mortgage at the moment (my primary residence.)I haven't narrowed down a target market, but so far, everything has me leaning towards Memphis for a starting point.