Since this will be my first property, my idea is to tap into the equity in my primary residence for financing.Does anyone have any experience financing a rental property in this way and what kind of obstacles I can expect?

Creative Investing is all about overcoming obstacles and working around obstructions, essentially where I'm getting at is that you don't need any capital to get into the game.

SchoolsOn top of having good public schools for our kids to attend, my wife used to be a teacher and is currently an assistant principle, so a state/municipality that values our educators in terms of how they treat and compensate them is also important for usBoth the Tampa and Fort Myers areas are relatively affordable, Hawaii ...yeah, not so much, but I believe we can overcome that obstacle (more on that below).

This gets rid of that obstacle about having to have 2 years' worth of employment history.

If I can't talk to people I actually know and can meet with, I hope Bigger Pockets will be able to help.My biggest obstacle to getting started has been understanding my financing options.

Here are the details.SFR 3bd 1ba 2 car detached, very nice home all hardwood floors and finished trim, central air, new windows, furnace and hot water heater. 1368 sq ft.

nancing; to maintenance; to landlord & tenant issues; to working with partners, Eric has experienced most facets of building a real investment portfolio.As an effective real estate problem solver, Eric loves to help others overcome the obstacles faced in real estate investment, including breaking through the hurdles of getting started and providing property analysis consultation.  

How do you overcome these 2 obstacles, if you do overcome them?

The inventory or lack there of seems to be our greatest obstacle.  

I got into some severe obstacles and this has caused me to sow down, but I am back on track.