Mainly because the replacement values they estimate are way higher than the actual value of the property.

The lender policy covers several things but the main thing it does is insures the lenders lien position.

Not sure this is in the right forum but, I finally finished my remodel after a little over a year, mainly worked on it in my spare time/weekends.http://specialtyceilings.com/wordpress/I bought it for 22k and put 8.5k into it.Hoping to rent it for 750-800.I have some before pictures somewhere, i'll try to find them, but basically new everything except roof.Let me know what you think, this will be my second rental.

My advice would be to study the main areas of RE investing and see which ones you most resonate with you.

The main difference if it is a property held for investments is that the short term capital gains rate is your effective tax rate which can range from 10% - 35% but a long term capital gains rate is 15%.

Also, I mainly need a realtor that understands ss investing so that they understand what is happening when I ask them to list a property for sale that I haven't yet closed on.

I have found that some custodians offer a borrowing feature and some don't on solo 401k's.

It has a front door and back door but no access to the main house.

It cost me a whole $250.I don't have to worry about this clause or that one.The main thing is I'm protected and can walk away at anytime with no worry.Best money I spent getting started.

Example replace a few circuit breakers,electrical outlets,switches and electrician costs hundreds and hundreds or more to do the work.You can do it for 40 dollars in parts if you know what you are doing.A plumber soldering pipes in the wall and changing a main line instead of saving 75 in labor I will just let them do it.It's all relative.