Would you really be taking advantage of someone in that case?

I also only had 4 days until closing to take advantage of the opportunity and find the cash!

But if you can get a discount to buy at the end of the school year when the buildings are the roughest, then why not take advantage of the situation and do $2-5K worth of freshening after buying?

It seems like accountants have almost an unfair advantage when it comes to starting out in REI, which is a good thing for you!

Done properly, the advantage to all of this is that you are now the lender and have all legal recourse to the property – especially if you're in first position.

The advantage of a line of credit is that you can only use the money when you have something to invest it in (i.e.another property).

Right now interest rates are low and you should take advantage of them.

In my opinion I felt it will be advantageous in the 3 following areas: 1.

Those alerts can also be seen if you mouse over the "Inbox" on the upper right menu bar and scroll down.And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you.

I realize setting emotion aside when it comes to personal residence may be difficult but can be important too.As for the tax advantages, I HIGHLY recommend Mark Kohler's book "what your CPA isn't telling you" for better understanding the tax benefits and some really great strategies for owning a rental.