Do you ever see signage near the road that says "we buy houses" call that number and have a conversation!

Remodel#rd Bedroom conversion by building a closet (the window and door were already there).

When you have things that you do not know how bad they are until you open up pandora's box, it is hard to perfectly predict the cost.I'd be happy to have a more in-depth conversation if interested. 

Me purchasing it and renting it out to her turns it into an investment property thatvallows me to take advantage of all the tax benefits that come with it.She may lose the primary residence mortgage benefits she has, but I think what we achieve with the conversion outweighs the loss.Cashflow would be immediate and allow for quick savings growth for the next purchase.

Hi thereAccording to IRS guidelines, once a property is ready and available for rent, meaning after you completed the renovations. you would  be able to deduct expenses. snce this was your main home,  the tax accountant you will use will need to do a conversion from personal residence to a rental for depreciation purposes. the improvement you made, depending on what they are, may be added to your basishope this helps

Always think about the other side of the conversation.

Do not have this conversation hungover.

., and getting familiar with each zipcode so when the next lead comes up, you are much more educated to handle a conversation or pitch a solution. 2.

But THANK you for you information and hope to continue the conversation.  

Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.