Quick question from an investor just starting out... I'm excited about my first property!  I'm purchasing a rental home in Wilson that already has a tenant in place.  Should I collect a security deposit, and upfront p...

Have a buddy who rents out his parents in-law $200 a night 90% occupied using to pay off his college bill.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

for owner occupied conforming loans it seems the rate difference between 5/1 and 30 yr fixed is ~.75% -1% ( I am talking about no-point no fee)I was thinking the same differential will apply for non-owner occupied.

for owner occupied conforming loans it seems the rate difference between 5/1 and 30 yr fixed is ~.75% -1% ( I am talking about no-point no fee)I was thinking the same differential will apply for non-owner occupied.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Moreover, if community is more than 50% rentiers than owner occupied it becomes almost impossible to refi or HELOC.Best,Kyle

The goal is to do this profitably and tax free.Background:I’ve done two profitable, owner-occupied, “slow” flips.

The tax benefits are reduced by the % of the property that is owner-occupied.