Since this would be your principal residence I would look at the housing situation and determine the following:1.

Michael Dobson I would say 40%25% down payment and 15% for reserves

Exactly this.Just as some love what they do and want to w2/1099 or would love to go back, true investors aren't limited to just landlording on the RE side, nor are we limited to one industry sector or vehicle in general. 

It was originally our primary residence that we converted to a rental when the housing market was bad in 2009 (couldn’t sell it) it’s never been a good rental as far as cash flow.

Hi all, I am interested in concept of sandwich leases, but all the examples I see of people who have done them do not reside in NY state.

Do you have any equity in your primary residence?

One of the lending institutions just told me that for investment properties they need 20% down and 6 months mtg payments in reserve.

If you want to live in the house and title it in your name you get tax benefits upon sale (if occupied 2 years as your primary residence 250K if single and 500K if married) gains are tax exempt.

I would like to practice the brrrr strategy in these areas, but for now I'm just looking for my primary residence in highland indiana. 

Hello everyone, My name is Alejandro I reside in North Jersey.