Hey Mariya, yes, I just helped a bay area investor purchase a property that they'll be turning into an STR in West Sac.

Second home occupancy loans cannot be leased nor subject to a property management agreement.

They may require a lease agreement.

Purchase price: $485,000 Cash invested: $10,000 High Visibility Corner Retail Location. 3800 sq ft, 2 story building.Potential NOI valuation (after repairs, finishing) = $1.4MDue Diligence happening now, seeking Qualified Cash Buyer

However, it would clear all my debt and possibly allow me to purchase another rental property to add to the portfolio. 

It could terminate your agreement with section 8.

Purchase price: $65,000 Cash invested: $70,000 I bought it with cash, touched it up and rented it as a Section 8.

I would purchase any and all investments inside that trust along with a form of Whole Life or IUL policy to be able to use the tax code of 7702 to create a tax free income and ability to leverage my real estate assets.The BDIT effectively freezes your estate, but gives you the access to funds.Good strategy for any asset that looks to eclipse the estate tax level.

Hi everyone, I’m interested in purchasing my parent’s next door neighbor’s house.

You can arbitrarily allocate ownership % any way you want on the purchase.