Consequently, just because you make contact, after all the work you've done, and struggle to catch your breath after a sleepless night or two, don't be shocked if the owner(s) are not ready to sell.

@Brian S- File a Certificate of Assumed Business Name with the Secretary of State.

AFFIDAVIT OF OCCUPANCYApplicant(s) hereby certify and acknowledge that, upon taking title to the real property described above, their occupancy status will be as follows:Primary Residence - Applicant(s)shall occupy, establish, and use the Property as Applicant(s) principal residence within 60 days after closing and shall continue to occupy the Property as Applicant(s) principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower’s control.That should clear some things up, good luck.

@Lync Jones - one other option could be keeping your SFH by renting it out (if #s work out) or by selling it as a "lease to own" so you get a chunk of cash as down payment and monthly payments.

I am starting my business as a wholesaler, and as it grows, I will do fix & flip, buy and hold, & eventually apartment/commercial buildings.I am all excited about this business, because I meet people from every sphere, also being in my mid 50's, I need to build some residual income, to secure my nest egg for retirement.

Hi Shannon S , and welcome to BP!

Thank you, @Brianna S. - I LOVE that loan status disclosure form!

Just getting into the real estate investing game with the intention of trying to retire far earlier than 65 or however old it will be by the time I get there (I'm in my early 20's).

. :) I have been a student of real estate since the late 90's.

I also found out the neighborhood was built in the late 40's early 50's, so maybe it is a style or technique from that time?