Our primary focus is commercial buy and hold but we also have a budget set aside for residential flipping projects so that we may hopefully free up some of the capital tied up in long term deals.

I have a primary residence and am looking to purchase my 1st investment property pretty soon.

We were planning on making this a primary house so we really wanted it but it needed some repairs.

This property was my primary residence while I lived in the area.  

We started with equity in our primary residence and then got a HELOC which we used for down payment and rehab cost.

Give backed loans are for primary residence purchases only.

This was my first time and I did not know anything about primary and secondary liens.

I used a HELOC on my primary residence, but have not tried to get one on a rental yet, as I don't have much equity in them so far.

Like I said before, I'm just the owner and like other absent owners with "other" full time jobs, my primary focus is to simply find tenants not having time to further investigate the intricacies surrounding the lease.

If this is all true, since you are moving to the Cape and the property will be considered your primary residence, you would be able to put down as little as 5%.