It simplifies the process and helps ensure that every aspect of your investment is handled smoothly.

There sports teams are on the radar, RE expansion and Eli Lilly a major pharmaceutical company moved their headquarters there. 

However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation).2.

@Gregory Fazio When using seller financing, ensure the interest rate is competitive and clarify the amortization period to avoid a large balloon payment.

😅)I feel overwhelmed by all that there is to know when it comes to real estate investing and want to ensure I am as knowledgeable as possible before I purchase my first property.

@Scott Smith I wish our attorney had give us a heads up and we could’ve ensured a bank before going through the whole process.

With DSCR loans, the focus is on the property's cash flow, ensuring that your investment will cover its own expenses and provide a profit.

If the rent is "ridiculous" then he should move somewhere else.I would carefully check your rent rates to ensure you are at market.

But yes, a HELOC could certainly be used for purchasing investment properties, just ensure you have the cash flow to cover the loans. 

However, precise execution according to IRS rules and clear documentation in the divorce decree are crucial to ensure it qualifies for tax-free treatment.