* That's right, cap rate is only considered relevant for commercial bldgs and multi-plexes (5+)...

What you do with income is not relevant to how its taxed.  

Ryan, not sure property taxes are relevant to that area, or any, with the tax caps. 

I believe they are still relevant to your situation.Best of luck.

Yes Account Closed I don't even know if you can do wholesaling there or what the relevant laws would be.

Age isn't relevant but experience and financial strength is.

utm_source=search&utm_medium=internal&utm_campaign=books Lastly, this site thrives on interactions and as such we encourage two way exchangesand look forward to educational and thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Divide those numbers by .965 for your max purchase price w/ 3.5% down, $648,186 in the example of a 1 unit.But if that realtor is accurate, and no one accepts those offers, then it's simply not relevant to your market and that is that.

A cash out refinance, like any other refinance, pays off your old loan using a new loan.The significant difference with a *cash out* refinance is that the new loan amount is greater than the old old loan amount, but still less than current (post-appreciation/improvement/etc) value of the home.The net proceeds go into your checking account as money you can spend.You are now more in debt than you were before, but you liquidated some of that equity and (relevant in this forum) now you've got the down payment on your next home purchase.