It is just easier to cash out of the deal and get everyone's name off the mortgages.As far as contracts, use the TREC contract.

If you have no debt and can save up a bit more money, before getting to the equity loan.

You may pay $10,000 in interest but you only get back $2,000 back in tax savings. $2,000 is just a random number, the exact number depends on your overall tax situation.Building an ADU if you plan to rent it is business interest, not personal interest.

Earn more, spend less, save, then invest.

I can pull a HELOC on my investment property in KY, pay outright with cash or finance through the installation company.

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Don't miss this Freedman's cottage built in the Roaring Twenties.

No claims of cash income are accepted.

Don't Skip the Home Inspection**: Uncovering potential issues early can save you a lot of trouble later.5.

But for now I am continuing along with my normal W2, saving as much as possible, and learning every chance I get.I am looking to meet like-minded individuals and hopefully some mentors along the way.Steven              

And it might be in better condition and save you a bundle on future capex. 3.)