That mortgage will tie up your credit and your VA entitlement, impacting your ability to purchase other property.

Currently, my wife and I own a house that we purchased for $346,000 (4 beds, 3.5 baths) 7 years ago in California, which is now worth $606,000.

Please see  background on deal below, as this will be my firdt purchase.

Are there specific areas where you're seeing the most growth?

Investors want you to earn an income if you are the GC as long as it’s market rates.One structure for land purchase the investors put up all the money for land and house, you do all the work including management and you split all the profits from monthly cashflow 50/50.

The purchase price is $1.8m, and I have $750k cash. 

I'm considering purchasing an invesnment property with a small ADU (1/1) in Georgia.

Purchase price: $50,000 Cash invested: $65,000 Sale price: $219,000 Fix and Flip!

My CPA is telling me that I can only use the losses that have been carrying forward from that specific property and not all of my rental properties combined.

So I could say that I purchased the meal for a client?