The current standard closing timeline is too short to also get a HELOC approved in time, and the mortgage lender will usually need to see those funds available to underwrite your next mortgage (though I'm not a lending expert, and it's possible if you used the same lender for both products, this might condense a bit more).In terms of strategy, we got the HELOC for as much as the lender would possibly give us, but only took out what we needed for the specific property when we found it.

(Even if your form has a space to list one, it’s not something that’s legally required.)It sounds like you’d also like to increase rent.

Anytime I hear tenant horror stories, I always ask , do they have a pre-screening process before approving the tenant to move in.

If he was living there with previous tenant’s permission, then he’s not a squatter and he had/has a legal right to live there.

@James Edgar @Evan McLeishI put properties under whoever can support them to get approved. 

Get yourself pre-approved and wait for winter to come. 

I'm not sure if it is legal for him to list his "contract" on the mls, but he does not need a license to sell his contract.

Can you legally purchase the property for back taxes before it goes to auction and then rent the property to those who are still living thier?

We also have the option to go back to the Town council and try to get the land approved for 5 Duplexes to up the doors to 10 instead of 5. 

here is my home for sale. i think its priced right by watching and see the other homes in our market. but first weekend on the market ive had 1 offer and 1 showing. my agent said we should have 4-5 showings our first weekend. he indicated the price may be to high. i really dont know. the only other housing available to buy in this price range is manufactured homes or early 1900s small homes. please tell me what direction to go. the offer was 20k less than my asking price. she is a first time buyer and only approved for that much. https://www.realtor.com/realestateandhomes-detail/6042-W-New-Hampshire-St_Spirit-Lake_ID_83869_M26588-85211?