If you have any doubts....here's the exact verbiage from Fannie Mae:B3-4.3-15, Borrowed Funds Secured by an Asset IntroductionThis topic contains information on borrowed funds secured by an asset, including:• Borrowed Funds Secured by an Asset• Secured Loans as Debt• Reducing the Asset by the Amount Borrowed• Documentation RequirementsBorrowed Funds Secured by an AssetBorrowed funds secured by an asset are an acceptable source of funds for the down payment, closing costs, and reserves, since borrowed funds secured by an asset represent a return of equity.Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate, or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts.Secured Loans as DebtWhen qualifying the borrower, the lender must consider monthly payments for secured loans as a debt.If a secured loan does not require monthly payments, the lender must calculate an equivalent amount and consider that amount as a recurring debt.When loans are secured by the borrower’s financial assets, monthly payments for the loan do not have to be considered as long-term debt.Reducing the Asset by the Amount BorrowedIf the borrower uses the same financial asset as part of his or her financial reserves, the lender must reduce the value of the asset by the amount of proceeds and related fees for the secured loan.Documentation RequirementsThe lender must document the following:• the terms of the secured loan,• evidence that the party providing the secured loan is not a party to the sale, and• evidence that the funds have been transferred to the borrower

@Boyi Gao Zillow is a great source for prospects but you have more control if you turn off the application feature.

@Gary WolfowiczYour tax situation will get MUCH MORE DIFFICULT.You will go from most likely being classified as a permanent resident to a non-resident alien.You will be required to continue filing tax returns with the US if you have income sourced to the US(I.E.

It doesn't seem right that a county recorder worker has a legal option to records documents solely at their convenience.Mailing it Next Day by certified mail is better than doing nothing.

I had no idea how to do anything myself and learned that youtube is an incredible source.

This is in the Bigger Pocket Leases: "Pest control, after the first ten (10) days of the Term of this Lease, shall be the sole responsibility of the Tenant, including, without limitation, prevention and remediation.

Large multi-family deal sourced from direct mail marketing.

Short term: (1) determine investment goals (target ROI, markets, property size, capital stack); use this to dictate where and with whom we invest. (2) market research to evaluate where and what will meet investment goals (this is where my OP question about analyzing properties with rent control comes into play). (3) decide to sell or refi our 4-unit property in line with points (1) and (2). (4) analyze cost benefit of selling GP interest as capital source in line with points (1) and (2).

I had hoped to begin wholesaling properties to save for my first rental property, however, the assignment of contracts is heavily regulated in my state (Ohio).My question is:If I wholesale virtually (out-of-state), am I still bound by Ohio law regarding real estate and wholesaling or am I solely bound by the laws of the state in which the property is located?

Is there some source material on this?