Qualified acquisition costs mean the costs of acquiring, constructing, or reconstructing a residence, including any usual or reasonable settlement, financing, or other closing costs.

This will squeeze the rental margins because the renters won't be able to afford more rent regardless of the cost of the rental SFR.So if my above analysis is correct - rental SFR inventory will be harder to acquire, rents will stagnate, SFR values will rise and cash flow margins will narrow.The moral of this analysis being that if you have a good "flipped" SFR, with low expected CapEx, that has a ARV less than $150K, that will rent for $1250/mn or more, in a suburban area that shows good appreciation potential ....

My long term plan has been to sell the land and use it to acquire a distressed property that I can put sweat equity into.

Is there any reason I would not be able to get a hard money loan to purchase a property that is currently owned by another investor who acquired the property with a hard money loan?

It has been quite the journey, but over the past 60-70 days I've singlehandedly, completely renovated this home with only the credit card that I recently acquired and every spendable penny from my W2 paychecks. 

If the property you are looking to acquire falls in Illinois, feel free to PM or call me and I'd be glad to assist with this type of a scenario.

Good afternoon everyone,I am looking to form a business entity prior to acquiring my next (2nd) property.

The county employees will be trained and expected to use his techniques to acquire properties, and the main investor will also be pumping them leads through the Regionals far before hitting the market because of his connections that he has built.

The county employees will be trained and expected to use his techniques to acquire properties, and the main investor will also be pumping them leads through the Regionals far before hitting the market because of his connections that he has built.

Instead of using your dollars today to pay off your mortgages early, utilize your capital to acquire more properties faster.