This is the biggest thing if you are going into a lot of deals which what you should do anyway due to diversification.Solo 401(k) Advantage: If you're using a Solo 401(k) instead of an IRA, you avoid UDFI entirely.

I have used Coach Carson's recommended spreadsheet from "Woman Builder" (linked), and it's excellent for listing all the various cost categories I may confront on a project.

The biggest advantage is I could still refinance since it was technically owner occupied.In terms of privacy, it depends on how the loft is laid out.

1 - yes2 - I don't think that the drain from your house to the main sewer falls under the "Municipal Sewer" category that @Joshua Thompson mentioned, but I would have to check before giving a verdict.

said that you are suggesting that, if someone lives in Alabama and want to invest in tax liens, he should have to invest only in Alabama locking himself with a maximum of 12% interest, and not taking advantage of investing maybe in the state of Florida or New Jersey which have a maximum interest rate of 18%.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

With flips, one of the biggest unknowns is the rehab costs, which is where you'll have an advantage.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I wish I would've thought about househacking back then so its cool to see someone taking advantage of the strategy.As you mentioned, Long Island is super expensive and competitive.

Purchase price: $119,000 Cash invested: $200,000 This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat, Sell, Repeat.