Hi,My family and I are relocating to Virginia and are contemplating renting our primary residence in Brownsburg, Indiana.

Hi folks,I am buying a duplex as a primary residence.

We gave up a low rate and didn't look back and I decided to sell our primary residence.

You can convert that to an LLC down the road but remember FHA was made for primary residency so those products even though have up to a 4 unit allowability, aren't treated as investments/can't be put in an LLC right out of the gate. 

Since it’s your primary residence, you also get access to one of the greatest wealth-building tools ever created: a 30 year, fixed low interest, low downpayment mortgage.

Of course, the rate can be slightly steeper than the conventional loans where it is a full document loan, where they need to qualify you based on your income.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.

Consult a qualified professional.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

It's a small commercial loan for 5+ units, but also, too small to qualify (from what I understand) for fixed rate agency debt? 

Part of the reason we've been taking our time is that the costs for building materials like lumber were highly inflated at the time we purchased the property.Our primary residence, is here in the same state and we'd like to keep that home indefinitely and eventually it would be our home part of the year during retirement, rather than to sell it and move.