In addition, a motion for default was filed against an outstanding mortgage for another $ 367k which was personally guaranteed as well.Keep watching the Kiyo v BTC and Dream CQ Holdings V BTC cases as both of these have a potential basis for piercing the corporate veil.  

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.  

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

Additionally to that I am looking to expand into 3 other markets but I have boots on the ground in those areas.

Like others in the post, interest income is portfolio income.What you can do is invest a self directed IRA/roth and put this money into notes.

Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.

These additions are a practical way to maximize returns without acquiring new properties.Vacation Rentals: An oversupply has shifted many owners from short-term to long-term rental strategies.

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

It will protect you for cheaper without the additional complexity.

This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.