Others realized that this huge interest rate increase was going to have a significant effect on the cap rates and make the intended exit plan or refi plan not viable.

While I have lurked around BiggerPockets for several years, I plan to get involved in the community here and hopefully give as much or more than I get out of it.

@Thomas TalbertI recommend finding a tax strategist specializing in business taxation and business tax planning.

Gastonia:Kannapolis:Big Ideas in Kannapolis Downtown Plan (over the course of 20 years starting in 2015)1.

I plan to get a 3 bed with a garage which I will live in, and rent out the bedrooms.

If you plan on managing it yourself, you want to be close to monitor any improvements and get familiar and comfortable with the entire process.

While CMHA tenants may offer guaranteed rent payments, there may be additional administrative requirements and inspections involved in the process, which could lead to some additional headaches and potential delays in receiving rent payments.

With this house being bought in full the plan is to get a HELOC or HEL to purchase another property when finished.What made you interested in investing in this type of deal?

Subject To deals are RARE, but being familiar with the concept can allow you to get a deal done quickly, with a real plan to get the seller's note paid as soon as is practical, but immediately if it becomes necessary.

We just closed on a $550,000 home and plan on renting the duplex out.