At closing there is no difference from a traditional sale/purchase.

An example of this is you have a very traditional dining table set paired with very contemporary bar stools.

While private lending can sometimes offer more flexibility, traditional bank financing often comes with better terms and rates for commercial real estate (CRE).

@Michael Plaks is spot on - character wise, 1099-R income falls in the same "bucket" as a W-2 wage would be, thus to offset this income with real estate losses, it follows the exact same pathway (ST rental with material participation or REP status with traditional rentals), but since you don't have all your time sucked up with a W-2 job, you have much greater flexibility to hit those related hours thresholds under those paths as well.No idea if he's taking clients - but if you are looking for local(ish) and qualified in TX, Michael is also likely a great one to reach out to.

.- Business Model: Looking to provide flexible financing solutions for individuals and businesses who may not fit traditional lending criteria.- Regulatory Compliance: Ensuring all legal and regulatory requirements are met for private lending.Questions for the Community:1.

Median asking prices in 2024 are at $734,950, an increase of about $35,000 from last year.As small multi-family investors in Queens and Nassau get outpriced, they, like traditional homeowners, tend to travel East or North.

Vaping doesn't produce the same strong odors or lingering smoke as traditional cigarettes or hookah, which could be a more acceptable option for your tenant.

With the caveat that I'm much more familiar with traditional private equity funds than real estate investment funds, I would caution that the returns waterfall is extremely favorable for the GP.

I don't know what your situation is but I just go laid off so I can't used traditional financing that uses my personal income in the decision. jh

There is no reason to buy your own first for experience purposes - and the fact you already live there makes it 'owner occupied' if you end up going with traditional bank financing - which will give you better rates, and access to more programs.