@Tyrone HardyInsurance and LLCs are not mutually exclusive.

Make sure your time is well spent building up a bigger listIf you need help with software, add me and I can hook u up with a discount code.Good luck!

It needs to have been your primary residence for at least 2 out of the last 5 years to qualify for the capital gains exclusion ($250k for singles, $500k for married couples).

Best description is old.I assumed rents of $400 for the small rooms based on a discount from $650-1000 in the houses in the area.  

If you already got a 25-30% discount on its market value, AND 75% of its rental return would cover your mortgage, then yes, an Asset-based Lender may well lend you all your cash back.If you didn't gain such significant extra equity upon purchase/rehab, then: do better next time!

Banks are not as motivated as sellers now days, so foreclosures in your area may actually sell for a small discount to a standard sale...too small for an investor to buy with a margin of error.

I'm a retail net leased investment broker based in Los Angeles, and I specialize in single and multi-tenant retail properties leased to the national credit "daily needs" tenants ranging from the top grocers (The Albertsons Companies, The Kroger Company/Ralphs, Wal-Mart Neighborhood Center, Trader Joe's, Sprouts, Whole Foods), to the drug stores (Walgreens Boots Alliance/Rite Aid, CVS), to the discount retailers (Dollar Tree/Family Dollar and Dollar General).  

We offer networking and education for our members as well as tons of other benefits and discounts that no other club or meeting can offer.  

If you are a buyers and your looking to buy discount investment properties at a 30%-70% discounted price please send me your contact info;goldenandcompanyllc at gmail.com

A lot of new investors are drawn to discount properties, because they seem low risk (because of low price) and strong cash flow.