Hey guys,  Im thinking of shifting my traditional checking/saving account and mortgage to a manulife one account which my broker has suggested so I can be ready to pounce on a house and properly conduct the yellow letter direct marketing offering cash when they want it. 

I currently have a rental that used to be a primary residence.

In that case, if @James DuBois wanted to go the route I suggested, do you think the bank would still say no if his parents were also listed as co-signers on the primary mortgage?

Secondly, like many I thought the Colorado market was a little too hot and certainly, in Denver and surrounding areas, it is a little too steep for traditional solo investing.  

I purchase my 2nd primary residence and there was about 4yrs of back dues, granted they were only a fraction of what you are dealing with but they just forgave the balance on mine.

They are considering selling the home and when they started researching capital gains, realized that they would indeed paying them as the home has been a rental longer than it was a primary residence.

@Alexander FeliceSFR, especially if it is your primary residence are difficult decisions, and thus what I call emotional decisions.

I've definitely got my why, but I've always noticed that virtually every single person with success in real estate cites travel as one of their primary goals.

The issue is that I won't qualify for financing at a traditional bank any time soon as I work on my business and credit.

We'll say for roughly 100k. once i have a loan theough a private money lender, can i refinance using a more tradition style loan and lender such as a bank?