I’ve been trying to figure out how it works online, I came across the FHA streamline refinance but I’m not sure if my situation would improve enough to qualify.

I’ve been trying to figure out how it works online, I came across the FHA streamline refinance but I’m not sure if my situation would improve enough to qualify.

There is a $2500 limit ...you’re Referring to the 2016 de minimis safe harbor election taxpayers can take for the improvement of existing property that otherwise must be depreciated?

Close to Apple, close to new Google campus, price is relatively cheaper than prime area.School's not great, but with area improving, will it improve together?

All have great rents, and have appreciated by 20-75% in value due to renovations and market improvement.

I have set up the loan on an escalating interest rate as follows:Months 1-5 = 8%Month 6 = 9%Months 7-9 = 10%Months 10-12 = 12%It is a 12 month loan with a balloon at the end for payoff or I get the collateral (with any improvements made at rehabber's expense). 100% of the loan amount is going to the purchase price, flipper is paying rehab costs out of pocket.

I have a few thousand saved and some 401k money doing practically nothing.

This is just practice so price/financing is not an issue.

Preferably as many units as possible but with hidden value in making improvements (the unfinished attic in our current house was a goldmine) a.My feeling is auctions are good place to go for this but I don’t know anything about auctions. 3.Rent a property to live in for the first year I can’t subject my fiancé to living in a gut rehab again 4.Use the cash generated from the property and work during that first year to put together a down payment for a house for us. 5.Re finance the rental property and buy more property.These are my other day one questions: 1.I’m an architect, does anyone have any advice for actively leveraging my skills to help me do this real estate investing thing full time/ what career change could help me ease into this while still having a salary?

Ive been to local REIA meetups that where so diluted with scanners, semi-scammers, gurus, and flim flammers as to make them practically worthless.