We have a contractor we have used for her business and our personal home that is amazing and extremely reasonably priced that will do rehabs.

I am looking to use the real estate properties cash flow to also build my retirement within this process and I am just not sure how I will be able to build for retirement as well as build my home. 

When we purchased our third home, we did not qualify for the rate as a second home and had to pay the rate as an investment.

Great place to live -- not so much when there is little to no leverage to purchase my own home, burn rate goes very quickly, or perhaps I don't know enough.I follow Brandon Turner, BiggerPockets, Grant Cardone and have attended both his Real Estate and Sales & Marketing talks.I would like to get into real estate to one day either purchase or build my own Home Recording Studio.

Buying another primary residence, rent our your current home, and then find a place with a walk-out basement where you can rent that to someone else so that you can save more for your next investment.  

We are not seeing closings costs at the $8K range on a $150K home. 

The interest paid on a HELOC may be deductible if you used the funds to "buy, build, or substantially improve" the first home. 

Hello, Looking for any helpful information on my unique situation:Purchased a home to fix and flip.

@Collin Brown, IRS Publication 523 addresses this quite nicely - Vacant land next to home. 

Hello BG Community,I bought two single family homes from a tired landlord.