Following - I'm based in California 

The rule is based on if it's "within the primary dwelling unit" of the taxpayer or not. 

We’re an MHC syndicator based in San Diego with a 15-year track record of strong performance.

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

Just like you wouldn't buy a stock without researching the company, you shouldn't buy a property without knowing the market, running the numbers, and understanding your tenant base.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

I see you are located in Royal Oak, that is the area we've actually been looking at as I'll be based in Warren at the Arsenal. 

Hi BiggerPockets Community,My name is Yael Doron, and my husband, Ido, and I are real estate investors based in Israel.

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

By reducing the principal balance, your lender recalculates your monthly payment based on the new, lower balance.How Does Mortgage Recasting Work?

People were so quick to say he was way off base.