@Allen Lopez Since you didn't call your LO first, I'm guessing you commingled the non-family gift funds with your own main down payment funds for the new house?

I have seen many properties even non lake fronts make good money out of it ..

I have pulled the "I just happen to be here" trick with non cooperative tenants, including a tenant I was needing to catch who was in the process of being evicted. 

I was able to take a non-recourse mortgage at 50% of the value and go buy another rental property worth $200,000 at 50% LTV so now I have two houses generating over $3,000/month in rent from the original $140,000 investment. 

:)yup non owner occ redlining.. we all know owner occ redlining is illegal.. 

Hi,Want to find out who can help on advising on how to pull out equity from a fully paid house that's non American own by an overseas investor?

Purchase price: $50,000 Cash invested: $20,000 Contributors: Enis Shehu We acquired a vacant non-conforming lot.

An option fee (usually non-refundable but credited at closing) helps weed out the tire kickers.A slant on this is earnest money "going hard" halfway through or so of DD while under contract.

In TX, the option money is typical, usually non refundable and is s small amount.

Just be wary in NJ about taxes and the effect of a non-paying tenant.