And, one tip on top of that is to find a 4 unit, close on it with primary residence financing then convert it to a 5 unit.

My situation: I currently own 3 homes, 1 primary residence, and 2 rentals (SFH) I know that I am only allowed 1 more under Fannie may and Freddy mac.

What do you recommend as the best means of pulling cash from my primary residence?

I've just started talking to my realtor from my primary residence purchase (my only RE experience to draw on) to verify my comps are reasonable.

If I don't buy a primary residence, a buddy of mine will and I could have very cheap rent (~$600/month). 

I am trying to find my first primary residence in Seattle.

Will this be a primary residence purchase or an investment?

They get fined but its small and once the builder has lived in the house for a year, he sells it because no taxes are placed against the primary residence after the home owner has lived in it for a year.

Would I have done it if I already had a primary residence and I had to put 25% down?

I also have the general/personal liability coverage extended from my primary residence policy to all of my rental policies which offers another $1M in coverage.