Due to their condition they may not qualify for a refinance.

On both scenarios you've mentioned, you should be able to pull all of the cash you've invested, but whether or not you have to pay out of pocket costs at closing depends on what your loan amount ends up at (which depends on where the appraisals come in and the LTV you qualify for) and the fees the lender is charging.

Hi Farooq, if its a primary residence you can actually put as low as 5% down.

I own my primary residence here in California that will also be a rental in the future.

If it's owner occupied, you could buy at as low as 3.5-5% down, which would qualify you for a higher value home.

I have  a good job and qualify for the loan but I do not want to spend 20% down out of pocket.

Many doctors who develop enough extra income to invest, start in syndications until residency is over and practice is going.

You don't want your guest putting utilities in their own names because this is one of the items that is part of the litmus test in certain jurisdictions for establishing residency and therefore conveying long term tenant rights.

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

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.