There are a lot of crooks in the real estate investment world.

Hi all, my husband and I are trying to keep investing in Santa Barbara (which is kind of funny, considering it feels impossible) after having purchased a condo in 2020 and a single family home that became our primary residence in 2021.

Investment Info:Single-family residence fix & flip investment.

There is so much interplay with other factors, that even if I looked up my old returns I am still not comfortable doing it myself. 

Spencer,If you are moving in to the property you can do 5% down (given the other property was not purchased as a primary residence.)Conventional loans allow you to do 15% down on a new investment property purchase.

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Meaning you will only be able to get 75% LTV cash out and on a $225K value (if appraisal comes in at $225K) your looking at a loan of $168,750.00.You have to factor in closing costs and your loan payoff which might put you around $138K to $140K which leaves you with $27K +/- in cash at closing.

Investment Info:Small multi-family (2-4 units) other investment.

I'm not anywhere near KY but one of the three counties I invest in requires inspections.

Investing period can not fix this issue.