How can anyone tell you if you can / can't sell your primary residence?

I would also be interested in purchasing other investment properties but starting with the homestead would be a good start.I have found some great programs for resident physicians who have secured residency positions but I am about 7 months away from being in this position.

House across the street from my personal residence is on sale and I can get a heck of a deal on it, I'm thinking about buying it and either sitting on it for a while until the market improves a bit around here or possibly rent it to a company that brings a lot of executives to our town, mostly on a temporary 12-24 months basis.

I'll lay it all out there in the hope that some folks might have some useful insights or advice.I've been an "amateur" investor for most of my adult life, typically only having one or two rentals, with one unit being part of a duplex that I resided in.

Can someone explain what ratio(s) the banks are looking for when underwriting a loan on a condo (i.e. number of rentals vs. primary residences)?

Copper thieves are looking for vacant residences as easy targets.

How typical is it for a HOA to place restrictions on the number of units (townhomes, not condos) to be rented vs. to be used as primary residence?

There could be more foreclosures up ahead, especially in nicer neighborhoods where a lot of these prime borrowers resided.

I will also never purchase rental properties more than an 1 hour away from my primary residence.

So perusing things, I cam across this gem:Making Loans “Assumable”.