Per Wake county tax page, 'Wake County performs reappraisals on a four-year cycle.

The rate of return on your equity is usually far larger than you could expect to earn investing that money in other ways.In fact, many investors deliberately move every few years just so they can purchase using friendly owner-occupant mortgages, improve the property while occupying, and add to their portfolio by moving out.Now, what about selling?

Ours is in an area that is primarily summer only but with continuous improvements and a good rental manager our utilization is increasing into spring and fall.Best part about vacation Rentals, no concerns about evictions.Worst part, extremely hard to cash flow with traditional LTV rates.

Hello-It is a SFR, 3Bed/2Bath; they just had their 8 year long tenant move out so fully renovating the place, new vinyl wood floors throughout  (COREtec performance plus), new kitchen -cabinets, counter tops, flooring, new SS appliances, 2 full bath remodel (showers) new paint (getting the gray tones) as well as paint exterior. 

You can lend to flippers or longer term stuff to landlords or buy non performing notes online.

Taxes are based on the difference between your sales price and your acquisition cost (purchase and capital improvements.)You should speak with tour CPA and lawyer to best structure your business to minimize the tax impact.

Investment Info:

Single-family residence buy & hold investment in Casa Grande.

Purchase price: $106

Cash invested: $22,500

This home is a two story beauty! Beautiful kitchen that opens up to fami...

Yes, we have recently purchased in our own names with a HML, performed renovations, moved into it and then refinanced with a conventional lender.  

PS, basing your choice of lenders purely off the quoted rate doesn't tell you anything about their performance.

I believe I need to find a no-money down seller-financed deal to use and improve.