Caleb Heimsoth thanks.Agree, 30-40% offers a good cushion.For some time now I have been playing around with the idea of tapping into the equity of my rental and primary residence to put it to better use elsewhere.

I had to drop rates to get empty units occupied because there was a lot on the market, but never decreased rent on current residents.  

Any duplex property after that will require at least 20% down payment even if it is a primary residence.

I am a 32 year old male, great W2 job(130k annually, firefighter/paramedic), I have perfect credit, own my primary residence and have plenty of money in the bank.

Debt is from a mortgage on our primary residence and student loans.I'm now in a situation to either reduce debt or increase my regular income (via paying cash for rentals/purchasing notes/something like that) to a point where my dti would be more attractive to lenders.

Hi Ken,I obtained a HELOC against my primary residence here in the DC area several months back.

I purchased my primary residence for $100k, put 20% down, and it appraised for $142k upon purchase. 

The caveats are that he would reside in one side and he only wants to reside in the place for 3-5 years. 

The owner & the resident agent of the LLC are the same.

Most people buying a home for their primary residence view homes in the evenings and the weekends.