Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

What is the current interest rate on a private money loan approximately $300Kthanks 

Many of them sell the course at 20k a pop and that is how they “make money in real estate†Sad but true.

Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.

I have the private money lined up for the 25% down payment.

But, that is where the money is.I pick up trash at our properties. 

It links to our business bank account and our business credit card so come tax time, deductions should be easier.

The intention is to minimize errors and thus save developers money.

I bought it last year and thus far have: 1) Appealed assessed value to bring down taxes, 2) Got better (less expensive) insurance, 2) Rehabbed 3/4 units, and 3) increased rents $300-$400 per unit along the way.

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".