I'm thinking about using a HELOC to acquire the property and then refinance to pay back the balance.

Hello Shivani, Lenders allow you to use 75% of your lease agreement if you acquired your property within the last 12 months and have not filed your tax return for the year when the property was acquired.

I suppose I should have specified, but I am looking to invest in the US as the limitations and opportunities in Canada for the criteria I am looking for; Class C, Construction 1980's and newer, Price $12M-$17M, with 100 units or more is highly challenging to acquire, here in Canada.

You need a QI Qualified Intermediary, who can also hold your funds once you settle on your relinquished property until you settle on the acquired property.

After acquiring the property for $80,000 and putting $6,000 into renovations, we sold it just a month later for $135,000, demonstrating our effective strategy and quick execution.

I’m looking to learn more about HAP contracts and HUD for a property I’m acquiring. 

We typically do new leases with any acquired tenants at their next lease renewal.

Most of his information restructured he acquired from other people.The reality is that almost less than 1 or 2 people actually use any of his programs to make money. 

I was wondering if I acquired another SFH via traditional investment loan, and either rented whole house/by the room - would the income count towards lowering my DTI?

This deal was financed through Partner Driven’s flexible capital system, which allowed us to acquire the property quickly at $52,000.