As long as you can tolerate living there I would continue to live in it and finish the renovations.

Properties everywhere and especially here keep appreciating and as long as this happens gradually over time, then I see no end to it or any kind of bubble.So at some point you have to analyze the numbers and when they look good jump in. 

@Mikey Grabon As long as it is the mortgage holder in 1st position that is foreclosing.....nothing else matters, as far how many mtgs or what the balances are.  

It looked like they just viewed the offer, and as long as it was consistent with your major, it counted.

As long as the funds are being funded from your personal money, you do not have to have a mortgage brokers license.

Lenders will go 70%-80% of the appraised value as long as work has been done. you will need a tenant.

Any strategy is going to help secure your long-term financial success as long as the numbers in the deal work for you!

honestly what people assume to be bias really isnt. an appraisal is an opinion of value, so different appraiser will have different values. you cant choose your appraiser(before you could), they get assigned the job. they get paid a flat fee whether your value is high or low so they dont care what your appraised price comes out to as long as they can explain it. they usually dont over value it because that could lead to overinflated fraud(the reason you cant choose your appraiser anymore, banks went with their go to appraisers who appraised high so that they could get people to qualify for mortgages and sell the mortgages off) which they dont want to deal with. so most of the time appraisals will come right at the asking price because they are lazy and just want to do a fast job to move onto the next one and can justify it with comps. other times they will actually run all the adjustments and do a good job and if its highly upgraded then it may come in a little higher or if its not in best presentable condition it could come in lower depending on what the appraiser thinks the property is compared to comps. doing an appraisal is more complex than just running comps and comparing pirce/sqft like most investors and realtors do. you have sqft living, sqft land, easments, bed count, bath count, garage vs carport vs no onsite parking, condition of home, location, etc. again its just an opinion of value, so one appraiser might think there should be a 10000 adjustment to one line and another might think it just needs a 7000 adjustment. some might look at your messy property that just needs a new paint job and flooring and adjust the condition lower than someone who knows thats all it needs. so to say an appraiser is bias doesnt make sense to me because they gain nothing by intentionally lowing your value because of skin color. they just want to get paid and move on the next one with the least amount of work. if you said some appraisers are incompetent, then yah i would have to agree but you cant choose which ones you get.

We can also have multiple LLC's per policy as long as the LLC's have common ownership.Let me know if you need any connections in Milwaukee.

Recently, the limit was removed, meaning that you can buy any property for any price, so long as you can make the payments.As for the payments, you can use 75% of the rents in a multifamily property to offset the payment costs, meaning that if 75% of 3 units in a 4plex cover enough of the payment, you're golden.Given that and the ridiculously low VA loan mortgage rates (30yr @ 2.25%) it makes sense to put the maximum amount of money to work in a single transaction, and I'm trying to decide which location and type of property is best for this.