Talk to your agent to see what was actually signed.

Thus, once the property is no longer your principal residence, it will receive a new taxable value as of the lien date following the date you no longer occupy the property as your principal residence.

I've googled and read lists from various websites, however, I always like to get input from people who are actually living this reality.Appreciate the responses.

I actually looked at moving about five blocks from Shand's in Springfield area off of Main Street it is has so many beautiful restored Victorian homes.

i will be doing more research to see if this plan is actually something attainable or if i'm missing a piece of the process.

It's not even close.Now, depending on how accurate and up to date your bookkeeping records are, that CPA may suggest you hire a good REI-savvy bookkeeper.

In many cases, it may actually be a more streamlined process when obtaining financing if you are getting a conventional mortgage.

Don't just focus on the after-repair value (ARV) - that's pure speculation until the project is actually completed and sold.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.

The XIRR formula is much more flexible and is based on the dates of the cash flows for the project.

Gordon,You need to find out if there are any Environmental issues (either actual or potential).