Exception apply* Excellent ROI. 

Applying business losses against other incomeOK, you crunched your numbers, including depreciation, and your business has a $10k net loss. 

The usual risk/reward curve applies to real estate the same as it does to other investments.

Eventually you will collect rent, legal fees and all other court costs.Lesson to other landlords.... deposits and LMR are never to be applied to a tenants rent.

I will reach out to your contact anyway to learn what I need in order to apply for the HELOC.

Neither the FHA nor ADA apply to private residential housing within some parameters.

Your insights were incredibly helpful and have given me a new perspective on the process.I appreciate the time you took to explain your approach, and I’m excited to apply some of your tips to my own investments.Thanks again for being so generous with your knowledge!

Often DSCR lenders do not go through the typical compliance required by respa/TRID due to the loan being business purpose. so, it is 100% buyer beware when working with those lenders as the timelines required by TRID of any change in costs or loan amount so not apply. 

Here's a few things I learned from MFIN that I think apply to the greater BP community• Multi-family and large investors are in the SAME BOAT that we are in as small-time investors.

Yes most definitely, however each person are able to acheive 10 maximum conventional loans, so if each properties are applied jointly, then you both would only have 10 active loans/properties instead of 20 loans (10 from each person) So you would want to strategize accordingly and see how you can acheive your maximum potentials and have multiple properties with your partner.