Did a balance transfer and finished the job.

I looked today to see my balance and wow did I get a shock!

My recommendation would be to look at surrounding communities that can provide you a good balance of both investment characteristics.  

You'll likely only need to submit an income statement and a balance sheet.

This would make his income capital gains and depreciation recapture rather than a mix of cap gains and earned income.What are the tax implications if purchase price is, say, $500k, and at time of death principal balance is $400k and he bequeaths the property (worth $600k) to me?

And it's actually all kind of a creamy color - the white balance in that picture is kind of off I'd say and makes it look whiter than it actually is. 

. $630,000 - 660,000Loan Balance: $470,000Rate: 4.75% on a 30 Year FixedGoal: I am looking to remove MI and take out some cash to pay off the short-term debts used to repair the property.It is my understanding that I have to wait 6 months to be able to do a cash out refi based on the ARV.

See below for pro-forma returns300,000 12 lots average sales price of 25,000-175,000 payoff of principle125,000 after principle payoff-10,000 Less expenses115,000 Balance of net proceeds57,500 net proceeds (lot sales)split 50/5017,500 175,000 @10% for 12 months75,000 projected Investor proceedsThis is an estimated cash on cash return is 43% Where would you begin in evaluating this deal?

But if I do that, then I won't have the money for the 3.5% down payment.Here are my numbers:Savings: 41kRemaining balance on FHA loan: 38kInterest Rate on FHA loan: 2.75%Market Value of Current Residence: 100kAsking Price range for quads we're willing to live in: 350k-450k (12.25k - 15.75k at 3.5% down)My current thought is to cash out refinance to a conventional loan. 

I can't say whether the mess that happened there recently is a counter-balance to the apparent low local crime rate or not.That's one big problem with investing at a distance.