Conventional retirement accounts only allow traditional investments such as stock, bonds and mutual funds (you and I have no control over the performance of those investments).

This would be my primary residence.

This will be our primary residence so we're looking for more than just cash flow.

“REFINANCE”Since buying a fixer upper is generally cash heavy and now your property is no longer a fixer upper, its time to get a traditional mortgage and pay you (or your investors) back.

I've never bought real estate and I've only looked at doing it through traditional realtor listed and realtor purchased. 

Value is generally tied to location,tenant type, rental increases, strength of guaranty, and length of primary lease term with no early termination rights.By the way it doesn't matter if the company has 1,000 locations.You could have parent corp. guarantee, subsidiary of say 100 locations, or they set up LLC for just that one location.

I am sentimental about this house because it was my primary home but I am more sentimental about losing money 🙂.

I’m looking to tap into my primary home’s equity to purchase a buy and hold.

This individual states that if we own a primary property that we reside in, we cannot for any reason buy a rental property and alternatively live in one of these units and put our primary residence up for rent and have it considered owner-occupied because we already own one property. 

I am nervous and unsure as to how to approach it being that not only is this my first deal venture, but I also am not 100% sure how the seller finance process works legally and through documentation as opposed to a traditional home loan.