What they won't tell you is that there is an oversupply of condos putting pressure on prices and they keep building.

You could do a cash out refinance and rent it out while getting the cash out of the deal - but if you have zero reasons to keep (no cash flow or no appreciation), it may not make sense.

Keep in mind if you are doing commercial/portfolio/other loan types then none of this may matter…but for Fannie/Freddie it will.SCHEDULE CThe Schedule C portion of your personal tax returns is where most people file a business that is operated as a “sole proprietorship”.

I have read a lot of books and this forum keeps coming up.

I disclosed to my lender that the Wholesaler was making 5k so then it made me look like I was lying to my lender when the HUD clearly showed the Wholesaler was making 15 KI recently had another transaction where a Wholesaler renegotiated a lower price after the fact.I’m assuming that where the wholesalers have that ability to make that extra is that they are naming the price that the buyer is willing to pay and not necessarily naming the dollar amount that they are assigning their contract for so this gives them the leeway to keep trying to get a lower price from the original seller, even after the fact of going through the motions of transferring their rights to the property to a new buyer.

They can be helpful in just doing the paperwork and keeping you on track with deadlines.

It also depends on your price point and budget. because this is going to be your personal residence, at this point, I would just keep aware of city news and developments, and neighborhood pockets.

So, keep in mind what works here may not work there.Keep digging!

It is too complex for them.So, the IRA that owns the LLC is not also a brokerage IRA. got it, thankyou, hopefully His trust/bank offers some better cash management options as we all know they are getting at least 5.33% from parking his money at FEDs reverse repo facility, or if they have any brains buying 4-8-13 week Tbills for 5.5%, then again they probably are and won't offer him any options so they can keep all that profit, which means there's a business opportunity for a trust co/bank that will 

Yes, it's on my list that I have to have an HOA that is rental-friendly, but thanks for pointing out the fact that there might be a rental limit to keep in mind too.