Hi Shelly, I'm here in the Metro Atlanta area working as a agent/investor and I'm familiar all those counties.

Has anyone ever used Capital Three Sixty as a HML?

Here is what I would suggest to see if someone is good - Google their name and see what people say about them knowing that as a teacher/coach you can't please everyone. 

As a investment property lender we saw a lot of success with flips but an even bigger jump in BRRRR success with borrowers holding as long term and short term rentals. 

Understanding that you're in New York and the laws are leaned to be tenant friendly, I would still say this is the best way to go about it as a new investor.

As a buy and hold investor, how important was getting a good discounted purchase price up front for you? 

He found it because he doubles as a painter and the seller wanted to get the house ready to put on the market in the spring/ summer.

If the applicant comes from the pool of people that I or my tenants know, I use real estate as a way to give back as many of my tenants will not qualify credit wise or may even have a criminal background or would struggle for another reason if I were to just stick to the "background/credit check" criteria. 

Hi Danielle, As a property manager, if you were my client, I would recommend that you incorporate a monthly flat rate utility fee into that tenants lease.

- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year...