I am in the process of obtaining a HELOC for 150K which will put the LTV of my primary residence at about 66%.

We just got a Va mortgage for our primary home as we just moved here from south Florida.We are trying to get pre-qualified for this second loan but it seems like we are at 65% DTI ratio and the bank want a co-signer.Any ideas how to go around this or any suggestions how to make this happen?

Mine was on my primary residence.

My understanding of Capital Gains from the forums and podcast is that I wouldn't have to pay Capital Gains since I have lived there as a primary residence for the last 2 1/2 years?!

This is going to be a my primary home and I wanted to get a rough estimate on what I can expect.

If so, what are the primary benefits? 

I intend to refinance that with a traditional mortgage through a different lender.

Hopefully you can pick up one more primary residence in Huntsville, and add that to your rental portfolio when you retire in 2 or 3 years..... 

I think it's a cool idea but I would charge a "per property" fee rather than a "per month" fee.This way it opens you up to owner-occupants and primary residences as well as investors.

1/2 tax free from the primary residence exclusion and the remainder you can 1031 tax deferred into another investment property.