Or should I be attempting to underbid on the market slightly to add a little more cream on top? 

Change is hard and only the brave attempt it!

This does create a tax problem, and you have to deal with complex "vacation home" rules that @Ashish Acharya mentioned.You happened to quote a section of the IRS publication that attempts to clarify what exactly counts as those 5 or 60 days in my examples.

Now, the lender and builder are attempting to challenge the appraisal (apparently appraiser used wrong comps).

Thank you Whitney , very insightful. ill keep this in mind in using my HELOC and when I attempt to refi my properties..

I'm attempting to refinance a condo to a 30yr term right now and running into lots of roadblocks with greater than 35% commercial space in the building. 

Hi, I have found a property that has been damaged by fire.  the structure is solid no issues. however it will be a full gut demo and rebuild other than framing. the property is listed for 20k and i estimate (waiting o...

Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties seems to be an appealing possibility, but I'm not totally certain on how the process would unfold, so I figured I'd put it before the public for advice.

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".