Hello,By end of 2018, I would have owned my Second home for 5 years and have stayed in it for 2 years as Primary Residence out of the last 5 years.

Hello everyone, I'm a 19 year old Italian boy, I'm studying in Miami and I'm trying to invest in real estate in the United States, however I'm not a resident and I do not have an SSN so the banks can not grant me a mortgage, the second problem is that I do not have much money, between 4 and 5 thousand dollars !!

Talking to a few banks they seem to think we cannot do this unless it is a primary residence.

Since my parents would be residing in this condo initially, it would be likely fine during the correction if one happens, but since they are close to retirement it would behoove them to make the best possible decision for this purchase.

As of the present time, I have flipped three single family residences, and am working on acquiring my fourth property.  

I was looking for a possible primary residence in Dallas 9 months ago and B area houses were double to triple that $88,000.

I currently have 3 properties plus my primary residence (that I have a mortgage on) which equals four.

@Justin S. you can always do a cash out refinance on your primary residence, although this is not the only option.

I am looking at essentially using equity within my primary residence (HELOC) to purchase whatever MFU I go after. 

I own 1 property which is my primary resident, so I have insight on the closing process.