For lending, yes, you will be limited when it comes to conventional lending, as those loan products are made for owner-occupied properties.

Rented my house we originally lived in 12 years ago because we couldn’t sell it when we moved and that’s how we got started. 5 years ago we made a plan and an effort to accumulate multi family properties and did that.

In order for your license to be active, you need to find a Brokerage to work under, so reach out to several and start interviewing them.  

So we dropped rate to Zero and printed 27% of M2 global US money supply in a few months, more money than made in prior 200 years.

In addition they made it very clear they were looking fit cash buyers.

The depreciable basis will be based on the original puchase price of the proprety plus improvements made to the house.

Purchase price: $97,500 Cash invested: $11,331 4/2 MH. 1982 sq ft. 1 Acre of land. 30 minutes north of kingwood What made you interested in investing in this type of deal?

So, where can she move her money after selling in order to avoid capital gains tax?

What made you interested in investing in this type of deal?

Using other peoples money is a great way to keep you honest on the project as well keep the project out of your pocket.I thought funding my own would give me control but what it really did was hogtie my leverage and made me emotional in my decisions.There may come a time when funding everything makes sense, but even if you do a few flips with HML, you will understand the process, have a foot in the door and be positioned to act on ANY opportunity when it comes along.And having a bunch of your own employees just means that they are looking to you or leaving you if the work slows down.