I figured the listing price would be based on comps (like when I bought it), but I was unsure because it is a pure investment property now and I thought maybe it would attract a commercial buyer (where NOI is king).

If you are a pure squatter, it takes 20 years of exclusive and continuous possession.

The exemption is purely on UDFI stemming from mortgaged real estate investments.

A mtg loan, just a heloc, is pure simple interest.....interest owed for that month is purely the interest rate applied to the loan balance.The reason one pays such a huge amount in interest on a 30 year loan is simply that....you don’t pay all the principle back fully for 30 years, so you are paying interest on a steadily declining balance for 30 years.Yes, I know what an amortization schedule looks like.Why don’t you compare a 30 year $100k with a heloc at the same rate.....make the same exact payments per month on heloc as called for in the 30 year loan.....you will find the heloc takes Exactly the same 360 monthly payments.They both calculate interest each month Exactly the same.

If you're looking at a purely passive investment strategy, single family rentals or a small apartment building isn't a bad way to go.

There's a ton of really cool opportunities for learning on the lending side even if your interest is purely active investor.

Our current mortgage is with round point at 3.25 so I don’t think it is worth it to refi purely for the lower interest rate.

Our front yard was purely dirt so we put down gravel and transformed the front yard into a functional area for our tenants.

Especially with more fiscal stimulus, as opposed to just pure monetary stimulus, the inflation will hit consumer prices much harder and because of global reduction in production we have a deadly combination of trillions of dollars flooding the currency and fewer goods to purchase.

I'm assuming that's how I should think of calculating it, but I'm not certain on the conversion rate I should expect.He would also be living in the home and I would purely be operating as an investor.