They can help guide you to creative solutions to finance a purchase.

Tax treatment of recontributions of a Katrina distribution using the 1-yearincome inclusion method.If a qualified individual elects to include all Katrina distributions received ina year in gross income for that year and recontributes any portion of the Katrinadistributions to an eligible retirement plan at any time during the 3-yearrecontribution period, then the amount of the recontribution will reduce theamount of the Katrina distribution included in gross income for the year of thedistribution.

You either redo all together or use beauty band traditions or diffident treatment on extended portion.

Some will allow property held in LLC if the LLC has 2 years of entity tax returns.And if anyone is looking for HELOC on investment, Federal Credit Unions are who I would recommend that they look into.Service may not be as expeditious and great but if it solves the solution, why not :-)? 

Which is part of what makes them so attractive to real estate investors (the other part being that they offer long term financing solutions when it used to be so much harder to get get long term financing on rental property).

Find win win solutions for the tenants and yourself.

The solution was there were several wholesalers that still had some pretty good buys off market.In todays market, there are not in my opinion much in the way of great buys on the MLS or off market as even the wholesalers are bringing me "deals" at retail prices.

Sorry I wont be able to share any thought on a solution or some clarity.

(Of course, mini-storage is great and i have some other amazing solutions, but that is another story)   Oh, have I done this?  

Its a good way to look over our shoulders as the asset manager and learn how we determine our exit strategies and approach a viable solution for the borrower and our investor/members.