And who do you sell to, primary buyers or investors? 

Most work as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 3-5 points(%) of loan amount (Most Deals are 3 points(%)) - $2500 minimum fee Minimum Loan Amount: $75,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 10-20% of purchase price down or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 7-10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Anyone dealt with this before or know a clear way I could structure the deal so that the IRS can clearly see that the money was used for our primary residence?

Once my wife and I become an empty nester, I would like to rent 2 units and buy a primary condo in Waikiki as my primary residence and retire.

And just curious, whats your primary source of income currently?

Is this an investment property or primary residence? 

I am the Principal of Sherwin Development Group, a veteran-led real estate investment and development firm based in El Paso, Texas.I am currently an equity partner in a 62-unit multifamily asset in Riverside, California, and actively focused on acquiring and developing multifamily properties throughout Texas and the Southwest.My primary focus areas include:• Multifamily acquisition (value-add and stabilized)• Ground-up multifamily development• Small to mid-size multifamily (10–150 units)• Long-term portfolio building and scalingI bring a long-term ownership mindset and am particularly interested in working with brokers, owners, and partners who are focused on sustainable growth and disciplined asset management.I am currently seeking opportunities in:• El Paso, TX• San Antonio, TX• Phoenix, AZ• Albuquerque, NMI look forward to connecting with others in the community, learning from your experience, and contributing where I can.Keith SherwinPrincipal, Sherwin Development GroupEl Paso, TX

Tax free rental income (most of the time after depreciation.)Debt payoffBusiness write offs including your cell service/phone, computer, internet, etcAccumulated “phantom losses” from depreciation to use against future gainsTax advantaged Inflation hedgeCan be borrowed against Allows you to sell your primary tax free and move in to your beachfront rentalCan be passed on to heirs with no taxes due. 

It's fairly easy but there are some lenders/banks that have a "Due on sale" clause if you purchased as primary home under Fannie Mae, FHA, Freddie Mac etc.. 

My primary goal is freedom both financially and in other areas of life.