(I can just do more tIRA withdrawals to tweek AGI to suit)2.) 5 yr carry forward of excess deductions - (could use to draw down ~$800k tIRA BEFORE RMD or more Roth rolls)Situation: Very desirable but very hard to sell income property (older (1979) small, low value Mobile home,(home = ~1/6th the value of property - Banks don't lend with that ratio) Beautiful acreage, (3) large shops, pond, barns, Very livable cabin (knotty pine!)

You are going to have "seasoning" issues trying to take cash out.

Striking factors are:  Poprerty 1 is 15 years older than Property 2. 150 sqft smaller as well.

Economists say a resurgence in mortgage rates and inflation could be softening sales at the start of what is traditionally real estate’s busiest season.

For the used homes, I ask them to refer them to me if sellers are looking to sell their older, used homes. 

Hi Hoa,- Hard money is fast efficient, expensive,  it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.

It's because my house is older and was annexed by the city.Did you even need a survey?

@Travis Andres partner up with a seasoned Realtor who has access to that information.

Buying older houses come with interesting new challenges!

Hi @Ryan Davis,I started, fresh out of college, as an assistant to a seasoned LO, with 20 years under his belt.