Michael,It's interesting to see that some investors still choose the 10, 15, or 20 year loan options.

Quote from @Michael Russell: Hey everyone!

Quote from @Michael Plaks: Quote from @Jeremy H.

Quote from @Michael Baum: Interesting. never looked at Zigbee. my day job is IT and connecting to wifi or this Zigbee hub should not affect power usage.

Quote from @Michael Smythe Smythe: @Wayne Lee When rates were super low 2 years ago, and prices hadn't totally spiked, many investors got lazy because almost they could buy anything on the MLS at asking price and cashflow as a rental.As prices went up, many investors started investing in STRs to get properties at asking price to cashflow.Now, many are chasing Class C properties to get them to cashflow at asking price.What consistencies do you see in all three of those scenarios?

@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.

Hey @Michael Lee, we just completed another six-plex loan in NY last month with similar terms for our client.

@Michael Lambert I am in the Jacksonville area, I live in Orange Park, which is just outside. 

Michael, I know numbers are always estimates but was their decent cash flow like they advertise?  

@Michael LeeTo clarify, the owner is seller financing the property to you at 60% LTV, and you are putting 25% down on the property.