My primary residence was just on the "cusp" of this change and I decided to have the entire system replaced.

In a few years I would like to sell my current primary residence and upgrade to a larger home as my family grows.

If the primary borrower can't pay the mortgage, the noteholder will absolutely protect their own interests and go after the partner regardless of whether or not their name is on the deed.This situation happens all the time in divorce cases where one ex-spouse quitclaims the house to the other but later finds out they can't qualify for a loan because the the mortgage is still under both their names and is killing their DTI.

Unfortunately what I heard in the post was a lot of ignorance and not recognizing the key deficiency as responsibility was deferred unto this GC you hired, which he dosnt hold any responsibility, you do.The primary and 1st mistake was the entire premise for hiring your GC, selecting your flip GC by lowest $$$ alone, come on really think that thru.

I bought my primary residence back in 2012 and am trying to save to buy another property, but with the expensive prices here in LA/OC, i have been giving a lot of thought to either investing out of state or trying to start some type of side business to help save for another property down payment.  

I just spent about 10 minutes searching and didn't find an answer to this specific question so here it goes.Does a bank look at a MF loan any differently if you make one of the units your primary residence?  

Currently my goal is to renovate my primary residence here in Monroe County, then sell or rent it (Preferably sell). 

Hey BP, I'm brand new to RE investing and working a full time job as aero engineer. I have nice home that is tying up most of my buying power/ income. 5 bed, 2.5 bath, 2,900 sf, paid ~$250k. Bought it at market value ...

@Sathiya Deva, you've actually got several things going for you that could help you to transition your portfolio into the PHX area and do it with both tax free and tax sheltered monies.The sale of your primary residence can be tax free if timed right.  

Looking at the REIA options in Seattle there are a lot of good options however they are primary focused on Wholesalers and Flipping which is not true Real Estate Investing but a RE Business.