I am actively researching markets like Cleveland and Columbus, but I remain very open to other opportunities.My goals are to successfully fund and execute a BRRRR project, build a team of veteran investors and mentors, and continue learning to attain financial freedom through real estate.Excited to connect with seasoned investors and mentors.

Then you are "allowed" to spend the remaining $850 on mortgage and other items.For my Bookkeeping Clients, I suggest to them to use a Savings account for these items to add interest income to their account until they need it.

And if you purchase such condo, you either negotiate the assessment with the seller or take on the remaining portion due. 

My strategy right now is to sell the land to a real estate developer to develop the home at a steep discount ($150,000) but make a claim on the stake of the overall project to get my remaining money back, plus the profit of the build. 

“Property could remain in the decedent's estate indefinitely if no one probates the will.”

I’m in CA and love the state, but not the politics, and policies.Anyone in tech that is doing a startup knows the smartest tech minds are in the Bay Area, so for at least the near future it will remain the hub.

Of course, you would not have a remaining equity split to deal with, but the dollars per distribution/time to distribute concept is the same.BTW, in 16 years of setting up self-directed IRA plans, fractional distributions in-kind was my least favorite strategy. 

Now you have cash to put down on a rental property conventional loan, and you can go and grab the next live-in flip with the VA loan.2. after six months to a year, move to the next property, where you can use the remaining balance on your VA eligibility to acquire and rent out the first property.

They need to understand that they will be taking over responsibility for making mortgage payments while the loan remains in your name.Legal and Ethical Considerations: Ensure that all aspects of the transaction comply with local laws and regulations regarding real estate transactions and disclosures.

You have to attest (which you did when you took out the loan) that it will remain a second home for at least the first year of ownership.