Like others said - you get a homestead exemption (if you do the work to file it), you get special financing (FHA, low money down), your insurance can be better...

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

If you have the cash to burn for a 2nd home and actually love Seattle go for it.

@Tavish File, it sounds like you would be working to pay MORE money!

I make money in different ways and my personal taxable income was about $150k in 2022 ($30k of that was W-2) and 290k in 2023 (150k of that was W2s).

im looking for advice on financing a purchase. we were hoping to use as little of our money to buy a house and use the BRRR method.

Then in about 2012 or 2013 or so when the bust was still going on, warrentbuffet was asked what he would invest his own money in if he could choose anything at all - and he said sfh's. 

So your going to pay me with my money????

I have actually never heard of him or Land Sharks. 

Go out and have some fun and make some money.