(My line is prime + 0.75).If you aren't sure where to start in learning about becoming the bank, I just published a book with BiggerPockets last summer called Lend to Live: Earn Hassle-free Passive Income in Real Estate with Private Money Lending.

Through most of the year, the Poconos has mostly weekend bookings from my experience and then summertime is peak season.

I am coming across flips in my day-to-day review of the market where it's obvious the investor will be taking a loss, due to them buying near our local peak prices and finishing up the project afterwards

A regular tenant wouldn't be okay with all the excess stuff so this is why I did this arrangement instead of letting the house sit empty earning $0 rent. 

Anthony Lee - The Owner will likely end up in jail soon for banking/insurance fraud.I wrote many policies with this company in 2019 for flips/rentals with 25% earned premium, cancelled the policies after the properties were sold and never received refunds.

Major factors effecting every real estate market include unemployment and job growth.In Texas, between March 15 to August 8th, a total of of 3.2 million jobless claims were reported with over 300,000 in one week of April alone.For reference, weekly claims peaked at between 50,000 and 75,000 during the most recent economic downturns — 2017 Hurricane Harvey and 2008 Great Recession respectively. (2)Austin’s March job growth compared to March 2019 was up 2.5%, though signs of increased unemployment were on the horizon as seasonally adjusted unemployment in March was 3.4%, and up from 2.5% in February.

Stop relying on a theoretical prediction to rent earning possibles.

People think tenants like their landlord, no they don't-- remember you are the greedy MOFO taking 1/3 of their hard earned income each month, that's how they see you.  

Think about this:- Interest rates are still low, you can probably find a refi around 3.75%- leaving 25% in equity will avoid mortgage insurance- 3.75% on an owner-occupied primary home mortgage is less interest than you will pay for a HELOC- you'll now have a bunch of cash available for multiple REI's, for rehabs, etc- leaving equity in your house is not earning you money - at the minimum, you could even park it in mutual funds and make 7-8%.  

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)