I stopped by the house and found that the tenant had subleased the house without approaval (prohibited in my lease) and has mostly moved out (just a few bags of clothes and random items).

I thought it was a perfect investment, and I would have been willing to buy it for between $80K and $100K.Within less than 12 hours the sellers stopped taking offers on the house because they had so many.Be ready to move fast.

*Note: this post is intended for investors who actively DO NOT automatically file a 1040 every year, unless they've incurred a tax liability.I'm wondering what difficulties investors who understand (have read the pertinent details of the tax code) have faced when engaging in investment opportunities that normally require an investor to furnish tax returns, and what solutions have they come up with.From my experience in banking, I understand that institutional lenders normally require a borrower to furnish yearly personal financial statements and tax returns.

With just the recent 50 basis point increase in rates lenders have dropped the LTV they provide some borrowers. 

If you have great credit and good income, you could borrow money on a personal loan, remodel the whole building to increase value, and then refinance to pay off the personal loan.

Also, you probably know this, but if you are borrowing to invest, your Cash on Cash return needs to be higher than your HELOC rate plus whatever spread that you require.

If you are the only owner of the company, you can borrow do a refi/cashout of the property under your name.

He’s wanting to purchase a house with his remaining entitlement which is the amount he can borrow without a down payment, and then fund the rest with another loan - either conventional or FHA.

Nope only thing stopping me now is my search my first deal.

you are co-borrowers using his benefit status.