@Benjamin Timminsthanks for the advice. do you know if the money can be reinvested into our primary residence to avoid tax consequences?

Now that my "nest" is almost empty, my focus has shifted to working toward making REI my primary income producer.

My primary strategy now is buy-and-hold but I'm really trying to apply the BRRRR lens to the process by buying distressed properties, renovating them and renting them out to help out my returns.Mistakes made in the past are vast!  

We recently closed on a heloc for 115k on our primary residence, so the portfollio loan isn't something crazy urgent, however I think it would be beneficial to have in my back pocket if the need arises.

Your primary challenge is doing the rehab with no out-of-pocket costs.  

Can anyone share info on classifying the property as an investment vs a primary home.

I currently own a SFR investment property and a Condo as my Primary Residence, with plans to add another investment property to my portfolio this year.  

I am currently beyond the sweet spot and extra payment on my primary residence is now returning less and less in terms of years left on the mortgage.

Get conventional 5% down as "primary residence" (  you don't have to move in ) for the first one or use fha if you haven't.

. - you have 5% or less down so hopefully you're qualifying for a 1 unit or single family residence (SFR)/ condo because conventional in "general," cannot lend to 2-4 unit properties as a primary residence with that low of a down payment.