The option fee will be $_______________, and at the time the option is exercised, the option fee will be applied toward the purchase price.7.

The plan is to apply basement paint.

What it comes down to is local knowledge and comfortability in that knowledge.Once you buy your first you will be able to apply that knowledge to that next deal and keep moving forward.

if it's free and clear you can just apply for a 1st position home loan cash out with a low interest rate.

A 1031 exchange only applies to property you have kept for investment for a year - this usually means a rental.The above is generic information and may not apply to you.  

Suggested steps: Apply for 1 or 2 business credit cards - start with "BJ's Business Mastercard".

So far, nothing but credit cards that we could have applied for all by ourselves. 

The terms include:-LTV% (amount of the value that the bank will loan you)-Interest Rate-Payback Term-Amortization Term-Payback provisionsUsing these, you can get a good idea of 1) how much money you will be able to get out of the property and 2) what the property's operations will look like once leverage is applied to the investment.

Capital gains taxes don't apply for #1, ordinary income taxes and SS/med.

I have applied for a 203k loan and in the final stages but my insurance company just turned down the policy due to the construction.