Understand, real estate may not be the solution you are looking for.

Its a great idea, but you will need to consult the township in order to understand their requirements for liveable space.

After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

This is critical to understand if they will be a headache to deal with.

Seller is understandably getting really upset, because what the bank is asking for could take weeks and we were already supposed to have closed.Any adviceAloha Leah, this is very common as the other lender stated above.

Want to understand more about tax issues, liability, and asset protection regarding investing in real estate.

If you're not sure of you preferred direction with your next property I would invest in understanding investing more thoroughly and read 5-10 books as well as speak to other experienced investors.

My understanding is an E2 Visa is an investor Visa (ie. you need to buy a business) OR you can piggyback off an existing E2 holder. 

Hi Chris, if I understand the transaction it sounds like you will receive a 1099-S for the full amount.

From my understanding, it might be more advantageous to refinance as a rental property at a lower LTV with income from two units, rather than as owner-occupied at a higher LTV with only one rental income considered.