Please post more details once you meet, and good luck!

We ended up selling those properties. 

The property or properties will be in Florida and/or Alabama.

Live in one side for a year to meet your residence requirement for the loan.3.

Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent.

Start by getting pre-approved for a loan, ensuring your credit score, debt-to-income ratio, and finances meet lender requirements.

- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?

By utilizing section 8 income we will turn it into a property that is insured beyond belief and make over $ 418,000 gross $320,268 net.

This account is also used for any maintenance the property may need.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.