450k primary residence home in TN, seeking lender who would do 20-30yr fixed or balloon, non FNMA only due to the client having large cash holdings but no income in 2016 / 2017 due to their large section 179 tax depreciations those yrs Thank YouJames

@Ouman You If the property was her primary residence, yes, it will not qualify for 1031 exchange treatment.

I am selling 2 rental units to purchase unimproved land to be used as my future primary residence.

Live in it long enough to qualify as a primary residence  then sell without having to pay capitol gains.

You need to clarify on if that is going to be your personal residence, or you meant your first investment property. 

The FIRPTA Certification requires that if a selling party is a non-resident for purposes of U.S. income taxation, a portion of the sale is withheld.  

I have found in this area they tax foreclose after about 10 years if you offer them above the delinquent amount most are willing due to them not getting anything if it forecloses and not using it as a residence anyway.

I currently reside in Southern California and do not plan on investing in SoCal due to funds and the current overall market out here.

Lastly, the requirements and ease of getting more-or-less conventionalfinancing also will be determined by your intended use of the property.If you are buying it as your primary residence and will be living in it, then getting financing will be a lot easier than if you were buying it as an investment property to be rented out.

Or just wait and see if he gets a buyer.Oh, and if my life weren't simple enough, in NINE DAYS WE'RE CLOSING ON OUR RESIDENCE AND MOVING OUT OF STATE.