Essentially, the property has to be able to appraise in order to receive the 100% financing the VA loan program offers. 

This is even with a prop 13 benefit that results in a ~$3k/year savings.  

Hi Daniel,First, it is concerning that you are using a CPA that does not respond to you in a timely manner.It would be a taxable event because what you described is essentially a sale of your mother's ownership interests. 

I would wait till next year, as assuming the tax law and your situation are the same, whatever the tax benefit you get this year, you would get next year also.

That way you are transforming what you are currently paying in rent into equity, and getting some experience investing.There are also tax benefits to this.

Hi Lorenz,A limited cash out refinance into two 30 year terms might benefit you, however make sure to consider closing costs with this type of transaction.

I’m not affiliated with the Real Estate Guys organization, I just enjoy their events and I have benefited tremendously from the education and network.1.Engage with people emotionally to get them to open up intellectuallyA potential investor might tell you “I’m looking for at least 10% cash on cash return and 18% IRR.”

Jami,A cabinet (kitchen or bath) has essentially 4 main components; the frame, the decks / shelves, the facing and the doors.

Are you saying that for example if I just threw that $115 extra toward the principle every month it would benefit me more?

Just a quick follow up on this (maybe someone will benefit from it in the future).