Private Money Loan

They sit back and wait as their properties go up in value and their tenants pay off loans for them.

Hi group I’m looking for lenders that have programs for heloc on investments properties I’m in lake county IL right now I believe is better to do a heloc or 2nd loan because if I do cash out refi I be loosing cash flow or any advise 

Yes, funds coming from your wife will be considered a gift if she is not a borrower on the new rental loan. 

Can I still assume an FHA loan if I’m not a first time home buyer?

A lender needs to know what problems their loan products solve and what they don't. 

It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.

My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:1. would I be taxed on it? 

Find qualified partners such as lawyers, accountants, managers, loan specialists, insurers, etc.Good luck!

But there comes a point where it just does not make sense to even do the loan and it becomes a game of who will do it for the cheapest.