Freddie has a reno loan product that can be used for investment properties; this is only for first position, though.For the Heloc - it goes back to whether your mom wants to continue carrying the loan for income, and if so, how will you pay off the heloc once the rehab is complete?

Very exciting you are looking to get into the RE investing world.Thanks for the interest in Rent To Retirement.

Is it possible to do DSCR with mobile homes? Are mobile homes Section 8 approval?

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

Investment Info:Office Space commercial investment.Purchase price: $1,100,000Cash invested: $25,00014,000 SF Downtown multi-tenant office building

Texas does NOT ban homeowners from refinancing their home to fund investment properties.

@Jeff M. would love to hear what made you change direction and move away from investing in Lorain.

I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC. 

An example of a mistake was a line item for alimony that I found on my taxes (I am single and have never been married).

If the property doesn’t make sense financially as an annual rental, it’s probably not the right investment.