Whichever you select must apply to all assets in the estate.But you still get the new basis at time of death, regardless if it is sold within 6 months.

Looking to buy our first investment property in the North Dallas area.  

Here is a fun lil horror story to illustrate the need to line up your ducks FIRST!! 

At first, he communicated well, but after only 2 weeks of sending some emails back and forth, he said that his group did not "have the bandwidth" to provide us with "adequate support/availability". 

.$38k Investment I 12% Annual Priority Return I 25.7% IRR I 2.9x Multiple I Hold Time 5-7 years

Thank you so much Carl, I guess there is no escape to paying at least one time an attorney.

I say that as someone who has managed thousands of properties in a 15-year time frame. 

;-)I have owned and rented SFH since I was in College (I bought my first home, and then lived in it while collecting rent to pay the mortgage and make cash from my roomies.).

You want to take a second loan (HELOC) on your primary residence to use it to go get a third loan, first on a new property?

I am a new listener to the channel and looking to make my first investment.