Hi, I am reaching out because a couple of properties that have equity and I am looking for ways to pull some of that equity to redeploy the money into the properties to do improvements to maximize my income streams by building ADUs.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

It’s a great area to invest but has its own challenges with rising insurance costs, reflecting the Florida wide issue. 

Originally they said they wanted to move by October 1st.

In most cases, parental income is calculated in its entirety.

There WILL be a lot of shady contractors coming out of the woodwork so be careful.You can message me and I’m happy to talk through it with you and offer whatever advice I have.

Being in foreclosure and buying after foreclosure are two different things. you could still do a traditional foreclosure and buy it prior to foreclosure.

Quote from @David Herfel: It depends.

When I thnik of owning something it is something no one can take. 

Plus any additional capital you put in.So if you bought a house for 100k, sold it for 200k, took that 200k and invested it into a new property with a 1031 exchange.