Account Closed  One other important point to keep in mind - if you're buying a new primary residence (a home where you will live), there is no limit on the number of financed properties for conventional loans. 

It's hard when it's a personal residence,  but if it's going to be a rental, I always look at things and say "what's the hardest to destroy?"   

We owe $35,000 on our primary residence valued @ $140,000.

Should we wait until we have saved enough money for a down payment on a multifamily or just purchase purchase single family home as our primary residence with 100% financing?

Shawn, as a "disqualified person" to your IRA you are not allowed to receive any personal benefits (using investment as a residence) from your IRA.

Have 203k pre-approval, looking for realtor in southern Bergen / Hudson county (Hasbrouck Heights, Wood-Ridge, West Orange, Maywood, Rutherford, Nutley) to help find fixer-upper duplex for owner-occupant w/ second residence for long-term tenant.

So we have been debating a couple options,1) Buy condo/townhouse (possibly without FHA) and then buy single family residence with FHA, move into the SFR and rent the condo2) Rent apartment, then search for a multi-family to buy and house hack3) Buy single family home and delay buying a rental due to save up for down paymentI would love to hear any advice or opinions on the options listed above (or any others) as well as, purchasing a property on a short time frame, and using a FHA loan on the second property instead of the first.

Cardon podcast, but he had a story about a competitive offer.In his case he did a video of himself explaining who he is and why he wants to buy the property and what he plans to do for it.He also added that he was going to catch a red-eye coast to coast flight to mee with the seller the next day.This was a big property, so I wouldn't add the red-eye part ;>))Cheers,Buddy

As a landlord of a 100+ apartment community, we've been approached by residents who wish to post on the community board private events they want to host in their own apartment.

My former residence (a condo) has the following monthly financials:$55.00 Tax - County (until Jan 1, 2018, then $133)$39.58 Insurance$74.32 PMI3.375% APRGreenville, SC 29615I purchased it for $82,500 in Oct 2012.