I'm looking to buy my first investment property in the suburbs of Detroit (e.g.

the first property I purchased was in Cleveland back in 2005 a single family that I purchased for  22k cash and i rehabbed it after work and on weekends this property was in the hood I put 12k in it put a tenant in and sold it for 79k to investor who an real estate agent referred me. 

Hey all, working through closing on my first investment property, a 4-unit househack in central Wisconsin priced around $400k. 

I am currently rebuilding my credit and have finally been able to start saving money and looking to get my first property by the end of next year.

This is my first investment property.

I met with a seller, and we have verbally come to an agreement on purchase price, interest rate, down payment, term length and monthly payment. What is my next step in the process to legalize it? Would this be a lette...

The note has a UPB of 32K and the property is worth 200k Seller is wiling to finance the note purchase.

If go buy a property for STR, can I then unlock all the PALs from previous years for my LTRs? 

That said it's been a great learning process and has been successful in the markets we've been in.Recently we purchased a 6 family property in Worcester Ma.

Specifically, I’m trying to understand:Tax Loopholes for Foreign Properties:  - Do the same STR tax benefits (such as accelerated depreciation) apply to properties located outside the U.S.?