Do not forget first build out your team to allow you to lean on their knowledge when yours is inadequate.

Something to note, if you pay cash for the house and later require access to those funds, utilizing a HELOC (Home Equity Line of Credit) allows you to retrieve that money.Secondly, the right approach for investing depends on several factors.

Are there any programs that will allow us to refin our home.

Then you get $500k exemption.Putting the money towards a new home doesn’t help. yes you can add those to basis, I do not know if you’re allowed to use estimate, ,but probably not.

Some things about my work will change when we move which will allow me more time to focus on investing.

It allows users to enter a location or zipcode, and it color-codes properties based on specified investment parameters.

Happy to send a screen shot of the portfolio to anyone who wants to see, it just won’t allow me to attach pics to a reply.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

The Covid eviction moratorium was the most harsh in the nation as it did not allow evictions even for non payment and/or lease violations.  

Instead, they continue to string out the eviction process as long as possible to allow deadbeat tenants to live rent free as long as possible on the backs of struggling landlords.

I am surpised it was not in your original docs, but they can't change terms mid-stream unless you break covenants that would allow them to call the loan...then they can renogotiate or require the payout.