Investment Info:Single-family residence buy & hold investment in Oceanville.

While you did point out the negative aspects of a deal like this, you didn't really highlight the pros on the RE side and future investment, appreciation etc.I’ve done two of these projects in the past 3 years in SoCal.

Investment Info:Single-family residence buy & hold investment.

If he no longer resides in the home, he is no longer a legal tenant.

@Jay FayzIt's possible to use an FHA loan with a 5% down payment, but keep in mind that the loan is intended for primary residences, and you'll need to live in the property for at least a year.

Quote from @Junior Powe: Quote from @Jaycee Greene: Quote from @Junior Powe: Investment Info:Single-family residence buy & hold investment.

You ARE subject to CA LLC tax just by the fact of YOU being a CA resident, sorry.

Residency StatusWhile stationed in Germany, you qualify as a resident, which makes securing a mortgage easier.Even if you're not a resident, many German banks will lend to non-German citizens who can demonstrate financial stability.2.

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

Los Angeles County continues to grapple with devastating wildfires that have claimed five lives, destroyed over 2,000 structures and forced the evacuation of at least 130,000 residents.