To give more of a visual of my question my primary focus right now is SFR's and I am located in Grand Rapids MichiganThanks in advance -Sam Rockafellow

If your primary is unavailable it would be wise to have your backup step in and already have the arrangement ironed out.Our cleaner's husband is a cabin contractor, handyman etc. and has been a big help in dealing with deferred maintenance items found on the inspection... and the pair of them as our boots on the ground means we can ship items larger and more complex than normal and have them placed.. think furniture, electronic equipment, etc. rather than only being able to ship cleaning supplies and linens.   

Hello BP family. I am looking for my "Next Chapter" home which will allow me to rent out the home that I have lived in for the past 11 1/2 years. I have found a complete tear down in the Smyrna, Ga area for 169k. I pl...

I am using a HELOC to finance my project because a cash out refi does not make sense since my current fixed borrowing rate is so very low.Additionally, I am only borrowing around 20% more of the property’s current equity to build my project.Personally, I would be very careful with any ARV assumptions you make (unless you have experience) and I would not over-leverage, especially on a primary residence.Those are just my thoughts but I am curious to hear from others too.

Once you find a home you would like to live in, you purchase it with your VA loan and live in it for at least 12 months as your primary residence. 

The thought of loosing out on the primary residence tax exemption makes me cringe. 

I just locked in 4.125% for a cash out refi on my primary.

Receiving a HELOC on your primary home (if your primary home has enough equity) is pretty easy and just about every bank offers it. 

The difference between your adjusted cost basis and the net sales price when you sell is the profit you will pay tax on.Tax when your primary intent is to flip is at your ordinary income rate which could include federal, state, self employment, and ACA surcharge (as much as 40% depending on where you live and pay tax).  

Revocable )California is a community property state so even if the investment properties are located in common law state, the law of the primary residence still applies.