Is anyone planning on taking advantage of this new law? 

I estimated that my net proceeds after doing this would be roughly $66K.

This should probably be in the category of real estate HISTORY, but since we don’t have that category…..I’m reading a book that has me intrigued, “DealMaker in Chief.  

With the little knowledge that I have on this method, I started building it as if they were flipping a property... - They put in 2/3 of the money- Monthly payouts of 50% of profits- 4 month termBased on the pro forma of the rental, they'd have around a 30-35% roi by the end of the term.

As a mortgage broker I can tell you this is underwriter discretion.

My insurance is $120 per month.Is this deal possible?

This basically releases the one moving out and the security deposit stays with the property. 

Purchase price: $265,500 Cash invested: $62,387 Sale price: $430,000 The biggest challenge on this one was the smell from the animals kept in this home.

This hands-on experience helped us develop some DIY skills and boosted our confidence.In 2020, we bought a single-family home that we’re currently living in and rehabbing.

Does anyone know what kind of lender willing to offer financing with 10% down for this type of deal?