Your advise is much appreciated.Thanks :D

Im new to this, so any advise is definately appreciated.

I would like to refi the current home to 1) cash out some equity towards the new home 2) Bring down the monthly to minimize neg cash flow 3) Keep my new mortgage under the tentatively proposed 630k conforming limit.Under the current market conditions...would it be advisable to change me current 30yr fixed to an ARM to help in bring down the payments?

That is totally brilliant Steve.Well done.I'm thinking about investing in the US market and am a bit scared.If you or someone can advise, help, be my agent or whateverplease get in touch Originally posted by "SacramentoSteve":Ineptitude, dishonesty, and conflicts of interest.I believe that the entitlement mentality looms large in cultures throughout the world.

Sophia Maler Jon is correct however I have been advised that you can distribute property out of an IRA and pay the tax on the appraised value. then you can do anything you want with the property.

We need some advise,

They are not lawyers and to "review and advise" you would be practicing law without a license.

I've used and recommend the following:Reliableremodeler.comservicemagic.comRenovationexperts.comBidclerk.comCalfinder.comIf you know how to bid (and not underbid) and present yourself professionally with knowledge and confidence, you can generate all the business you want from these sites.

As a newbie I have more questions than answers and any answers I get seem to generate more questions.

Greg, if you already have a system where you are generating the close to 1Mil pre-tax why do you want to change that strategy.