If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

Although I know most sec 8 landlords use it because of the perception of guaranteed rents.As a small home builder I really dont know how they are going to lower the cost of new construction housing unless the govmit subsidizes it somehow.. basically the price of home components are very sticky they only go up. with the xception of lumber that will go  up and down through out the year..

So if you provide a good letter of explanation, then you could do more than the 10% as long as it falls within the 50% of the gift funds. 

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

I have made up my mind that I want to be in the real estate game. 

@Cameron Porter should be available on our website end of next week:)

Quote from @Jimmy Rojas: Through loopholes there are many home owners that are illegal immigrants, if they get deported , what will happen to their homes? 

The only thing that spreads faster than a wildfire in a 100mph wind is everyone's "expert" opinion.I think people visualize an amber quietly floating through the night sky like in an old Lassie movie. 

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I am highly motivated to invest in real estate through BRRRR and also creative finance strategies.