Hi everyone, we have a property under contract but we just got informed that there are alterations done to the house without appropriate permits.

I am looking to purchase my first investment property and I want to do a house flip.

Using basic numbers, assuming I sell a property for $10M and after cost basis is accounted for and mortgage is paid off, I have a net taxable gain to me of $3M.I'd like to purchase a rental lake house property for $1M (funds coming from that $3M taxable gain). 

If I buy a house for 150k, put 20k into it, and it's worth 220k - I've just picked up 50k equity on paper.

I have a current tenant who would like to buy a rental house he's leasing.

The cleaner and more cooperative they are the quicker we can sell or lease the house.

I am the sole owner of our house.

Which is the best, relatively safe Philly neighborhood for finding a potentially cash-flowing small MF (3 to 4 units)? Can’t be more than four units because I will be purchasing via a VA loan. (I know I will need to l...

If it's low-income housing, it typically involves higher risk, but if you have good, trustworthy tenants, the hassle of changing locks might not be worthwhile.

They definitely have overlays but they keep all of the loans in house including owner occupant mortgages.