You'll be looking at a higher FMR that will reduce your credits allowed for financing purposes based to some extent on the repairs you made.As to refinancing, the hard costs of your improvements will be considered as an equity achieved.

This advice is provided for informational purposes and is no substitute for advice from a competent accountant familiar with the details of your situation.

You'll usually find folks defend what they do as they have a vested interest, they may be involved in this subject matter, it might be simply to save face or promote business practices, consider where motivations are from.As to KMP comment on Grant's RMLO experience/qualification.

It is likely the zoning department. the tax department could be determining it is a three family because of the size of the property and for tax purposes only.

Eve vents, gable vents, roof vents, ridge vents all can be used for this purpose.

The requirement is that you have the intent to hold for rental or investment purposes.

Assets-Liabilities=Owner's Equity Both sides need to be examined depending on the purpose of the assessment of equity.

My fantasy deals for residual income purposes would be:a five star hotel having 120+ rooms with all of the lovely amenities, on-site restaurant... doesn't matter which U.S. housing market so long as its a thriving one.Condominium building with 20-30 units in Philadelphia, PaAn extravagant resort in the Carribeans, maybe my own island.

I do not know about other markets but here I find that Zillow can provide misleading information for analysis purposes.

I'm really thinking about using Private lending (or HM lending) for my real estate deals, so, #1, Im asking if someone could explain to me the structure and purpose of Private lending?