Reporting more income will also help you qualify for larger loans in the future.

You’re choices are.1) cancel the contract as you can no longer get financing as a primary residence2) put 4-5 times as much down and pay a higher interest rate as a rental property. 3) pay the tenant to move out.

My second choice would be investing in an ATM fund if you can find one that includes non-accredited investors.If none of those work, you could look at some vacation homes to supercharge through Airbnb and VRBO marketing.

Looking to start again in the small multi-family space, then scale to larger MF.

I think I'm having the most trouble weighing the benefits of cash flow now vs. a potentially larger payout years from now.

Our family is looking to Inheritance a large real estate portfolio what is the best way to minimize taxes for both parties?

Am I correct to think it would be absurd to propose a sweat-equity stake larger than what a property manager's fee would be over the lifetime of the property?

Also everyroom needs to have a window that is 12sq ft or10% of the square footage of the room which ever is larger. so for instance if its an 8x10 room the window needs to be 12sq ft. 200sq ft room requires a 20 sq ft window

Good luck and congrats on making the scary choice to seize the opportunity.

Purchase price: $95,000 Cash invested: $5,000 Sale price: $120,000 I purchased this home as a primary residence and began to rent it when we moved on to a larger home.