Hi all - I posted a similar question on another thread but want to approach it from a different angle.As we know Boston/sorrounding towns is an expensive market and finding cash flow is a challenge.With that said, there's potential in other cities around the country. 

Also, factor in potential interest rate changes if the HELOC isn’t fixed.

Hi Mia, Great suggestions for questions to ask a potential tax professional!

Would it make more sense to move the money we make from selling to a different property that could potentially increase our cash flow? 

Potential redevelopment or ADU play. 

The fact that you moved from your primary residence three months after purchasing may seem a bit strange to your current lender, especially with you potentially having it classified as an investment property in the same calendar year.

Setting rent significantly above FMV could be seen as an attempt to shift income or inflate deductions, leading to potential penalties.

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

Cash-flowing properties will be key to navigating potential volatility in both lending and pricing trends.What to Watch Moving ForwardWhile markets originally priced in multiple Fed rate cuts in 2024, the latest economic data has forced expectations to shift.

Start by formalizing a lease agreement, evaluating potential renovations to maximize rental income, and deciding on a rental strategy (short-term or long-term).