What is Permanent foundation?

Point being, this is a simple example of borrowing from someone else.....GO FORM RELATIONSHIPS NOW....and then converting to permanent financing.

I am also JUST starting the process of getting permanent financing for the one I am living in which started as a flip.

Otherwise you can only tag members you are colleagues with.A mobile home that is permanently affixed to land that conveys with it is real estate for purposes of 1031.  

Is that value at least 20% above the purchase amount to avoid MI on your subsequent permanent financing?

However, because of more permanent employment and family, my wife and I have decided to put down roots in DC.

This system works because you can cash-out refinance this rental property for a permanent, cheap mortgage, with a cash flow, and use the cash to buy the next property, and so on indefinitely.

My goal in real estate is to slowly supplant my earnings from my full-time job so I can eventually retire from law enforcement and transition into real estate investing permanently.

Hi all--thanks for all the great suggestions, especially to not confront him as to why, let him re-apply if he really wanted to (but by then he'd be out of the place and living somewhere else permanently).

On a permanent foundation, if that's the case.