Account ClosedThis is a tough question to answer without knowing all the facts.Where is the foreign investor's home country.You may need to look at the treaty between the US and his country to see if there is any exception.You should also be aware that there may be increased withholding at closing because of dealing with a foreign investor.Furthermore, the income may be considered "effectively connected income" requiring w/h in behalf of the foreign party.

It can be hard estimating rehab costs for a normal home, I'm guessing fire damage increases that difficulty even more.

Thanks to the confidence builders I continue to hear, we are closing on two single family properties at the end of July with my brother.Couple of notes I wanted to say before questions.1.

To make matters worst, HOAs increased by about $100! 

I know the rehab "R" would be more like getting more storage units rented or increasing the rents rather then fixing up the property, even though you could do that too.  

Hi All,I am starting to get some interest from family with respect to leveraging some of their cash on deals to increase the rate of return they are seeing with their other investments.

With 200 units, at least a portion of those will want to buy in the next 5 years.If the area really builds up as a result of increased residential units, you will have a good investment on your hands. 

Looking to get in touch with some more to increase my odds of finding something that works for me.

There would be no refinance in this situation since there was no original financing to begin with.As for the credit cards, to get a single card with a 20k or more limit would be based on your credit history, but American Express has been known to be generous with initial limits and credit limit increases after 60 days of opening the account and then 6 months again after that.

In other words you receive a 30% tax credit on the solar system as well as a 30% tax credit at the least on the roof that is under the solar system (full roof 30% depends on the advice of your CPA).Couple that with the roof now becoming a producing asset and offsetting the utility bill instead of a liability and the increase in appraised home value assuming the solar system is not leased then going solar makes a lot of sense at the same time as replacing/repairing a roof.