If you use the extra $100k of cash you receive to just...live on, buy a jetski, take a trip to Disney, (any personal use) the interest for that portion of the loan will not be deductible. 

I have lived in Austin for almost 20 years where I own one house that has been my primary residence for four years now. 

I now live out of state, but I still have a 4 acre property near the crossroads (on 111 & near 77) in Lavaca County, TX that I need to do something with.

I live in the Lancaster PA area.I am new to real estate investing and looking to connect with any local investor.

But today, my husband and I live comfortably, and we’ve traveled to 20 countries over the past few years.I’ve been listening to BiggerPockets since 2013 and was even featured on the Rookie podcast.

My name is Batyr, and I’m a real estate investor specializing in co-living (PadSplit) and multi-family properties using creative finance strategies.

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

@Hudson Filippi What part of Northern MN do you live in now?

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.