@Shak F. you wont be able to do a cash-out refinance with a conventional loan, since they require 12 months.

I am not trying to brag about anything but helping new hosts to see that there have been changes that require our attention.

Long term rentals typically require much less work than a fix and flip.

@Yents Ybrimovic If the 203k loan only requires 3.5% down and you can finance all the repairs in the loan - then what exactly is your friend contributing?

This is due to longer notice requirements primarily.Collecting from the housing authority is great. 

This is not really news or current events that would be of interest to most RE investors.   It is a story of a potential porch pirate.  My home has 2 private streets, one that leads to my driveway and the other that g...

If we buy in 25 we could rent it out to others first bc theya re required to stay in a dorm the first year.

But it's not strictly required.3.

As everyone should see from the above posts, investing in real estate, especially foreclosure and tax sales, REQUIRES a working knowledge of legal aspects that can possibly affect the purchase.  

They require tax returns, voter registration, car registration, driver license, and utility bills in the app to prove it's your primary.