One of the ways we have been doing that in our multifamily properties is by adding sub-meters to the water lines of each apartment and passing the water usage costs along to the residents.

Unless you can purchase the first home as primary and show you will be buying the next FHA home closer to work, or out of state.There is also something called a "Gift of Equity" where you do not have to assume the loan you can use gifted equity for a down payment and closing costs.

It is my understanding that if you rent by the room in your personal residence that you are still entitled to the entire 250K tax benefit if you lived there for two years (regardless of whether a spare room was rented or not)And I am speaking in terms of a single family home ONLY.

.) ($115k times 5 times 3.636363% = $20,909 @ 25% = $5,227)So my WAG = $22,477 taxes owed federal plus any state taxes where you and/or the property reside. 

Not enough equity in this one.gp

What are the important things I am looking for or considering when trying to find a lender for a primary residence?

A syndication that's suggesting or even worse is  promising an 18% annualized return for a 2- year investment period will be reliant on a realization event or will over raise equity and use the over raised equity as distributions.

I'm willing to put in the "sweaty equity" and am very eager, but are partnerships in these situations possible beyond my own network?

Hi Michael - I live in North Myrtle Beach now in an area called Barefoot Resort.  25 years ago, one individual, who happened to own a small, 7 shop strip mall on the beach-side of the intercoastal waterway known as Barefoot Shoppes, crossed the waterway to acquire 2600 acres of, well, nothing.He brought in Dye, Norman, Fazio, and Love to build four golf courses, and we now have 4000 residences between single-family homes, typical 3-level multi-family, and three towers overlooking the waterway.  

I don’t have enough for a down payment but i do have quite a bit of equity in my home. looking for some insight on how i can get a low down payment or should i use my equity, plus funds to fix property.