What you need to take into account is your cash on cash return. 3.5% down payment on 300k purchase price Closing costsRehab moneyMonthly mortgage -rental incomeRefinance costsPlus if you refinance in like 3-5 years the market may be down and you wouldn’t be able to refinance and pull out the $50,000 to pay off your second.

I'm relatively new to real estate so I'm hoping you can offer some useful insight.Applicant 1: Excellent credit, low debt-to-income ratio, upper-middle-class income, very little available cash in bank account (cash is mostly in stock and retirement accounts)Applicant 2: Mediocre credit, better-than-average debt-to-income ratio, middle-class income, enough cash available to almost buy home outright.

Purchase price: $132,000 Cash invested: $7,000 2 bedroom, 2.5 bath 1800 sq. ft. condo unit currently rented on an annual lease and HELOC'd to provide investment capital.

See: (https://www.wsj.com/articles/ftc-alleges-100-milli...)Australia--- Foreigners can buy, but have a 8% stamp duty, plus there can be annual taxes and vacancy taxes. 

Hi Account Closed I am not but I will definitely reach out to you the next time I am. 

I have had a Self Directed IRA for about 5 years that has just been rotting...zero interest and a 3 digit account maintenance fee deduction every year by the holder.

According to what I heard and seen from heartbreaking first accounts/videos and sources of events that tragically unfolded in Paradise, CA; a very peaceful town of about 26,000 residences were all mandatory evacuated a few short hours after the fire first ignited early Thursday morning...According to a CNN article, "The Camp Fire left the mayor of Paradise, population 26,000, in shock.

There are multiple CPA's/Accountant's who are frequent posters on the biggerpockets forum.

Once you know that, have a big savings account to live off of and then just go do it.

I've seen some differing view on if this is legal or at minimum troublesome so would need to consult an attorney when/if we get to that point.I'm thinking on $500k home 3% Option, 2 year lease option at today's market price + say 2% annual appreciation, so $520,000.