A traditional mortgage loan officer will be dealing mostly with people buying a primary residence, who want a traditional mortgage.Not all lenders will use the term "portfolio lender", I just tell them I am a real estate investor, I own 9 properties (or whatever it is at the time) and I am looking to refinance a property I already own that I have rehabbed.

He currently owns a primary residence so he knows the ins and outs of owning property.I currently own 3 properties in a major metro area in NE and looking to diversify to a more affordable area.  

I almost wanted to email my tenants and ask them if there were any leaks, as the roof on my primary residence which is only 11 years old leaked.

Primary answer: seller financing. 

My primary focus at the moment is flipping, so I would be happy to send you a list of the resources I'm using at the moment (books, podcasts, etc).Good luck!

An article and comments from apartment therapy:http://www.apartmenttherapy.com/weigh-in-on-apartm...Keep in mind the tenant class that makes up their primary audience.

We were looking for a primary residence around the galleria area but it seems like there is not much we actually like.

A person buying a primary single-family home with Fannie Mae's owner occupancy requirement must agree to move into the home within 60 days of closing the loan, and to live there for at least an entire year.

Does the explanation seem logical?

@Alfred MainjaThat's a great question and I am sure a lot of other newbies are in need of a fluid explanation as well.