They'll foreclose long before they'll accept a short-sale.Regarding sub-to, I would urge you not to attempt one without basic training and also excellent paperwork.

We keep reading, listening and attempting to uncover how to make the brrr method work but it just doesn't seem reasonable.

Just to be clear, I’d be attempting to house hack the extra bedrooms or units on any property I’m considering. 

Or should I be attempting to underbid on the market slightly to add a little more cream on top? 

Change is hard and only the brave attempt it!

This does create a tax problem, and you have to deal with complex "vacation home" rules that @Ashish Acharya mentioned.You happened to quote a section of the IRS publication that attempts to clarify what exactly counts as those 5 or 60 days in my examples.

Now, the lender and builder are attempting to challenge the appraisal (apparently appraiser used wrong comps).

Thank you Whitney , very insightful. ill keep this in mind in using my HELOC and when I attempt to refi my properties..

I'm attempting to refinance a condo to a 30yr term right now and running into lots of roadblocks with greater than 35% commercial space in the building. 

Hi, I have found a property that has been damaged by fire.  the structure is solid no issues. however it will be a full gut demo and rebuild other than framing. the property is listed for 20k and i estimate (waiting o...