You have a $100k loan.You apply for and receive a $150k loan.First $100k is used to pay off the existing loan.The change, $50k, is deposited tax free into your checking account and you can do with it what you wish.Make sense? 

The turn around time was 6 months and I received my principal plus interest back so I was a little be more comfortable lending out money to the guy in Philly. 

The interest portion of the payments you receive are straight income.  

You should also send one not certified if you do not receive USPS confirmation.Tape a notice to the tenants door using 2" blue painters tape.

You receive a credit on your US tax Return for the tax you paid in the UK.

I’ve never had a claim before and utterly stunned by the surcharge I’m getting hit with by the 2 quotes I’ve received thus far.

Rents are currently $800/unit.The owner received the property as an inheritance.

That is easily waived if you move out due to receiving military orders, so nothing to worry about there.

Rent is due by midnight on the 1st, notice to pay or quite is issued on the 2nd when not received in full.

The person who signs on the loan is usually a part of the general partnership and receives a % ownership and/or an upfront fee.