I am always looking for a buy and hold cash flowing property in Hawaii.As a result of my search for another property, I decided to get my real estate license.

Since the active housing market resulted in ballooning prices should BC be prepared for a market correction in the coming months or years? 

I think getting a house is way more awesome because it's an income producing asset.

The great thing about working with a lender on a multifamily is it is an income producing asset, unlike a single family, so to them, this helps mitigates risk and banks are all about mitigating risk.Also, you mentioned that the 2 prior year tax returns show lower income than you currently have now.

According to the court's ruling, "These prohibitions constrain interstate commerce in the purchase and sale of Kentucky real estate, isolating Kentucky from the national brokerage market, a result made unconstitutional by the Commerce Clause.

That 40 hours of labor I produce will cost me about $3K ($750 per week X 4 weeks).

what I love about this is all the up front, real world expense, resulting noi info. it helps all of us to then understand what really happens. even if you have done multiple deals for many years, none of us knows it all and it is great to share notes.thank you all!

Just having your broker submitting offers will likely not get you the result you desire. 

My name is Alvin Aquino,I am residential real estate investor, I tried working hard to know all what i need to avoid mistakes, being very extra careful, by doing my due diligence, planning ahead, as a result of this endeavor, I felt i wanted to full proof investment due to economic situation, so we diversified into commercial retail business with the family.I currently own a townhouse, a rental property that pays the mortgage on my current home in full, and I decided to built another single detached  house close to the church which the family really like, the condition to the lender is to sale my current home, but now we decided not to sale instead rent it out.I am seeking advice and direction on which financial institution to go or a way not to sale my current house instead have it rented to create cash flow and appreciation of the house.

Tax write-off blah blah is a lot of gobbledygoop that should not really be your reason for investing - especially when other properties might be able to be bought that result in such good returns that you shouldn't mind paying EXTRA Taxes!