I am still in the education phase and read as much as possible and listen to podcasts in the car everyday.

One on a property in Colorado, another on a property in Washington.Colorado: 130M balance, 3.375%, LTV ~51%Washington: 262M balance, 3.875%, LTV ~60%Maximum Loan Limits in Snohomish & King Counties: $667MMy idea to leverage myself into a new primary residence is in 3 parts.Refinance the WA property to conventional financing to free up VA eligibility and back it up with a 95% equity line of credit from SDFCU.Draw a NOO equity line on the CO propertyUse both equity lines for a downpayment on a new primary residence financed with VA fundingMy question is, does it make sense to refinance the WA property for the benefit of VA eligibility on the new purchase? 

You leverage that relationship to find the right providers that meet your criteria.

Of course the real opportunity is to improve on that NOI that I will be inheriting from the current seller.I'm doing a 1031 exchange (thanks for all the education @Dave Foster) which should also help me save on the capital gains taxes. 

Apart from learning/educating, you can choose to work with experienced Sponsors by investing in their deals.

If you are going to leverage it and get any financing, traditional  lenders like to see 6 months PITI in the bank for each property.When I acquire a property I plan to finish in the first 6 months any costs to rehab or improve the property.

So many things to consider and I am far from the level of real-estate education I’d like to be, but you need to get your feet wet somewhere. 

As your primary residence, you should purchase the best house you can afford with your kids education and extra curricular activities in mind.Problem with SF public schools is the lottery system, but that's a whole other discussion.

Having started my REI education about a year and a half ago after stumbling across BP podcasts as entertainment for my daily commute I am excited to finally take some action. 

Hi everyone,I'm posting looking for advice, and to hopefully help educate future home-buyers!