Make smart choices by guessing your money flow, asking local pros for advice, and looking closely at the house.

Has there been any movement on reinstating 100% Bonus Deprecation for the 2023 tax year?

So I’m honestly not sure about goin in on a property only to lose money.

Now I have an investor who's been paid, and a renovated rental property with a tenant that I haven't really put any of my own money into. 

You might think that 50% or more of the time I’ll lose money on the investment because the model doesn’t explicitly include those.

I have already ran all utilities from my original rehab budget but need about 30k more to finish.Now im 22 and really took the gamble putting most of my money into the original deal so savings isn't really an option.

The subsidized money is nice because even if the tenant stops paying their portion you're still getting something.

So I would say spend the extra money to hire the contractor, watch & learn, and start doing smaller tile jobs until you are confident enough to take on a project like this. 

Since a VA inspector would need to verify the condition and value of a home before the money is lent, does this mean there is no way to buy a foreclosure with VA loan financing?

Also they're not looking just to make money, well some of them are, but MOST are looking for a second home for their families and children to grow up with the same summer and holiday experiences they had as a child.