I would like you attend if you can to see how you can implement mailing to probate leads, which in my opinion is the truest motivated seller leads I have ever come across. http://probatedata.netThis is the company I buy leads from, and we thought it would be a great idea to inform others about their platform, and to hear a little bit about my success with probatesBernie

-I'm interested in buying a multi-family home to use as a primary residence and rental.

I was recently rejected for having too many loans (5, 4-rentals and 1-primary residence) by a local bank in Kansas City.

I have some equity in my primary home I may be able to use, and retirement accounts I can take loans against.

While located near Martinsburg, my primary geographic focus has been in nearby Washington County (Hagerstown/Williamsport), Frederick County and Montgomery County, Maryland.At one point I was primarily interested in townhouses.

FHA loans are only for primary residences.

This property will be my primary residence for the time being, but I believe it will be very easy to rent in the future.Currently I am learning all I can about REI and hope to begin investing in properties other than my primary residence in the next 1-2 years.

I don't think demand for $100k primary residence will be strong in that area, there are so many 1950s ranch houses $60-70k, even though yours is the nicest.From an investment standpoint, that area is a stretch to rent over $925 on a 3 bdrm.  

There are more restrictions on the 5-10 loan program but its doable.I say you can only get 9 properties because I'm assuming you own your own primary residence.

All the properties I've done I targeted to have 80% ARV (or better) after renovation, where I only look at non-owner occupied at 70%.I am not a tax adviser and this is not advice, but the primary reason we went this route is that if you live in the property for 2 of the last 5 years you can get a tax exemption on the capital gains.