A day or 2 later the broker calls me and says they still want to proceed, but they are cutting the deal back to 60 LTV from 70 LTV and THANK GOD I had already a back up investor lined up at my 70 LTV that I went with instead.

Russ you wanna tell him how everything is gonna roll back up to Daddy?

Hello everyone, I currently own a house and about to start renting it but I've been wondering about tax liens as a back up plan and I know nothing about it and the podcast only has one episode that I've found (which I would love more).

Now prices are back up to where they were, with no signs of slowing down. 

Now that the inventory is back up and we are shifting to a buyers market, that is why it's not working out for you the same.

Even if you didn't take depreciation on your tax return, you will still have to pay that back up to 25%. 

Most 1 bed/1 baths in solid areas are renting for $1050-1200 these days when you lease them back up.

Current problem has me stuck as to what to do.....About 6 months ago there was some sewer backup into the laundry room basement area of the house.

Lets keep in mind the sellers and buyers are not in real estate they simply dont understand the dynamics and I can just see a seller who now reads this new rule and will absolutly not pay the buyer agent and bow their back up big time.. 

But lets back up a minute, let me cover some basics for folks who don’t do this all day like me.