Medical/dental office is very strong and will remain that way.

Public records, however, show that the other funds remain the documented owners of those properties.

My plan is to buy the house subject to their existing mortgage, renovate the property, refinance it and pay off their remaining loan balance using the money from the cash out refinance.

while i agree that real estate remains a good investment, it doesn't mean you should buy just to buy.

If I refinance for $279,000 and use $70,000 of the proceeds to pay off the HELOC, will the interest on the full $279,000 refinanced loan remain fully tax-deductible?

There will be no assessment for increase in taxes or insurance so remains at $1935.

If your gain exceeds the exclusion, you’ll owe capital gains tax on the remaining amount.This post does not create a CPA-Client relationship.

The $1M is the remaining balance of the purchase price.

When researching online, it looks there are some instances where non-vets can assume VA loans, but the veteran's entitlement would remain tied to the loan.How common is this and are there ever situations when this a win-win for both sides?

Their plan is to raise rents (on the poor remaining souls, improve infrastructure and exert some sweat equity.