Your PM should be leading the way on this issue.

I'd like to take as much as I can without paying a penalty in the form of PMI or much higher interest rate.Are equity lines different? 

In some areas laneway or carriage homes are quite common (ie two homes on one lot-usually one is smaller). 

You should have, or you should create an amortization table that shows the actual interest paid on the $650k mortgage for the first 6 months while you lived there.

Walking the line of fraud isn't a good plan and with the seller as trustee if they file BK, divorce, have a judgement it sticks on the property.

Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

However, depending on who you talk to, there's speculation that it may or may not be extended with whatever new legislation gets passed for tax law changes.

I am aware of products once I own the property, but what about lines of credit to secure a winning bid? 

I ended up spending a lot of money on both of these repairs, because I had to get a large portion of the main sewage line replaced.

Thank you for your time.I think the problem is your entity setup. you have way too many things going on. why do you have one llc for one asset?