So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I did a cash out refi and used the gain for the down payment on another rental property. 

But remember, there are more costs like closing fees (2-5% of the property price), money for renovations (depends on the property's condition), and holding costs (covering a couple of months' expenses during renovations and finding tenants).

Just will need to convert dining rooms/basements into the last couple bedrooms to hit your target rent, but you can do that at the end of your time living in the home!

I tried reducing the rent by $25 a couple of weeks ago but I still don't have a tenant.

Take your networth and tack on a couple hundred thousand and buy that big an umbrella.

Hi all, I'm brand new, have spent hours and hours researching real estate investment.

Maybe someone can help me understand Great now multiple that job by a couple hundred properties and hopefully that helps you understand.

Like most people are stating it should be a couple of days once all of the required documents are collected. 

I can wholesale just about any type of property that I get under contract with a couple of phone calls.

She wants to give me her house and move into a senior citizen home@Dana N Johns: Just a couple of thoughtsTalk to a real estate knowledgeable, CPA, not to your standard CPA and not to unknown investors on some forum in the ether for a matter like this.Now, if your mother has lived in the property for two of the last five years, she is entitled to a tax break on capital gains if she sells or if the title changes hands (basically sells using creative finance).However, if you inherit the property, there is a tax advantage to you in terms of stepped up basis and capital gains and a tax advantage to her from incurring capital gains if she is outside of the “two of the last five years” window.As far as the Medicaid situation, that is best explained by a CPA or tax attorney or Enrolled agent.