This is beneficial because you can use this extra cashflow to reinvest in another property to create a snowball effect until you max out with Fannie Mae.

I believe the general rule of thumb is, you don't want to have more than two hard inquires within a six month period.Happy Investing...

FHA 203(k) loans are not  available to investors.Rates are going to be slightly higher on renovation loans, but still very reasonable.Homestyle has a rule that the repairs cannot be more than 50% of the as-completed value of the property, so when you're working with these really low priced properties you have to make sure the numbers work.  

We would like to sell that house and buy another property in this manner to create a win-win for everyone. 

I know these 3rd party companies can take a hotel given to them by a buyer, reposition it, and then even manage it for you, creating a semi-absentee owner investment.  

I'd recommend enforcing your lease agreement and if it did not allow pets, send notice of non-compliance in accordance with the rules in your jurisdiction and, if not cured, ask them to leave (including eviction filing).  

Land lords need to create a paper trail of tenant issues, before moving to evict.

The following IRS websites cover the UBIT rules. https://www.irs.gov/charities-non-profits/unrelated-business-income-tax To avoid UBIT it will be better if the self-directed IRA loans funds to the LLC as UBIT does not apply to notes.

They created a schedule B for the investor (which I believe was not a loan) and it provided the payment terms of receipts.

Keeping an eye on Lynn, Saugus and Woburn, specifically, as I think that is where you would be able to create value.