So, using made up numbers:$100,000 value$80,000 loan - 80% LTV (Subtract existing payoffs and closing costs)Subtract two to four percent of loan amount - points= Net proceeds$80,000 loan at two points means only net $78,400 before closing costs and payoffs.

Problem is that's a little short for the $90K condo I covet; since I'm not moving directly into the place, at least 15 percent down is required.

It would literally take me several lifetimes to get thru the vast enormous library of stuff on this BP site!!

I am receiving letters in the mail that I get get a heloc 90 to 100 percent LTV.  

If it is free and clear of liens, offer a JV w seller, Figure resale costs w agent and closing costsFigure accurate rehabFigure 5 percent JV feeOffer profit in a 1st mortgage note, no payments for 4 monthsBuy on seller financing, get rehab money from private lenderGet on title, then fix and relistPay off liens@Cash Lawless

@Bogdan Masca That is such a broad question...You can flip a house every 2/3 months and make 20 percent on each flip so you are doubling your money each year.....You can also get buy and hold properties that go up maybe 10 percent a year....there are so many different things so it depends on your goal

There is no actual tax on a gift, it just reduces the lifetime/inheritance exemption of $5M.  

While yes, it's based on your percent of ownership, what about brand new owners that haven't contributed as much as those that purchased in 2010?

It had a lifetime residential warranty too.  

Many investors simply had to walk away and they lost their 20 percent deposits on occasion.