Take their ARVs and cost of rehab with a grain of salt.

Does a cost seg or bonus depreciation actually help you in any way? 

Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? 

As someone else mentioned, insurance here is generally less costly than in Florida and other beach markets. 

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

A) it controls my cost.

BiggerPockets Pro members will have access to all Stessa core functionality and advanced features, like unlimited portfolios and SREO, all at no additional cost.

From there I accepted and negotiated to have the seller cover the cost of replacing the roof.

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?