Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property.

I’m purchasing the home through an estate via the sister of my neighbor, her and I are in contact and she is considered a friend.

Hey Mariya, yes, I just helped a bay area investor purchase a property that they'll be turning into an STR in West Sac.

I'd also highly advise against ever renting to anyone that has the intention of doing STR arbitrage.

I would purchase any and all investments inside that trust along with a form of Whole Life or IUL policy to be able to use the tax code of 7702 to create a tax free income and ability to leverage my real estate assets.The BDIT effectively freezes your estate, but gives you the access to funds.Good strategy for any asset that looks to eclipse the estate tax level.

Purchase price: $485,000 Cash invested: $10,000 High Visibility Corner Retail Location. 3800 sq ft, 2 story building.Potential NOI valuation (after repairs, finishing) = $1.4MDue Diligence happening now, seeking Qualified Cash Buyer

Why do you think purchase contracts are so long and have such small print?

as long as owner intents to occupy and has control, they are able to lease out. the biggest thing would be to not have a PM manage the property, as of that point they would then have control over availability. straight from FNMA guideshttps://selling-guide.fanniemae.com/sel/b2-1.1-01/occupancy-types#:~:text=Second%20Home%20Properties,-The%20table%20below&text=If%20the%20lender%20identifies%20rental,including%20the%20occupancy%20requirement%20above).

However, it would clear all my debt and possibly allow me to purchase another rental property to add to the portfolio. 

Hi everyone, I’m interested in purchasing my parent’s next door neighbor’s house.