If you gift a house, the fair market value (FMV) at the time of the gift applies to the lifetime gift limit—not the amount you purchased it for.

About me, most of my assets are RE but in another market so I would be diversifying in that market.Potential for appreciation is very uncertain: prices have risen a lot locally lately and are as high as they have ever been, and it’s unlikely higher prices would be affordable by locals.

This TDR is a new program that has been in development for 30 years and should ignite into an active free market for credits this coming July 15.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

Basically, two choices on the market:1) All-in-one units, typically used in apartments2) Separate units that are stackable - usually higher quality than #1

If the market moves against you, it takes too much capital to fix it.Contrast that to this scenario:  let’s say that the acquisition loan was 60% LTV originally, and after a market drop of 30% the loan is now 85%.  

I'm analyzing properties in my expensive market which has a dire need for affordable housing.

What I love about them is they will even accept the higher lease amounts over the market rents if we can show first month's rent and security deposit.

I'd be happy to connect if you are interested in exploring the Kansas City market =)

Just wondering, if buying a lot and building a duplex, triplex, or quad plex is a good option in today's market?