I'm not sure, but I would think that could also apply for when a contract is not consistent with the law.

Just be ready for the challenges of managing properties remotely, which may require a property manager.Tax StrategiesSince you’re selling a primary residence, a 1031 exchange won’t apply, but you can still use the capital gains exclusion.

Basically its no different than applying for any other mortgage, the lender wants to underwrite the loan to confirm your ability to repay.

@Conrado Balicusto Recommend you first figure out the property Class you want to invest in, then figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing, investors should research the different property Class submarkets.

Most likely when you apply for HELOC, your lender will pay for all costs, and you will not incur any out of pocket costs.If you want to do a "Cash-Out Refinancing", I think this is when you have to really plan things.

Can you do both well at the same time...NO.There are 3 reasons for partners (and these reasons apply to your power team too).  

Some lenders may tell you that NO seasoning is required, but some stipulations may apply as to what terms you’re being offered.

I also have significant equity in my home, which I believe gives me a HELOC option for acquiring my first property to BRRRR or flip once I feel educated enough to  do so.The BP podcast has already taught me so much, and I'm gratefully here hoping to learn, share, and apply all you amazing people have to teach. 

If they want to apply, and its not deleaded, then youll need to delead

I just started applying for lending and have excellent credit with zero debt so it shouldn't be a problem.