Don't give me some generic talking point b/s either.

I'd add, talk with your Realtor about what numbers it needs to be at to make sense.

It would definitely be fraud if this was the case, a recent post from an auctioneer talked about this exact situation, where they said the auctioneer was liable (different bedrooms/type of home example you don't have to read it) States would differ though and it doesn't seem black and white. https://mikebrandlyauctioneer.wordpress.com/2022/07/12/no-li...I do agree with you that it could very well lead to being burnt, however.

Please talk to your CPA.

Hey Henry, he starts talking about it at 10:07 .

Then, if you turn over the unit and have to place a new tenant and they charged the 1 months rent fee - you are talking 4 months of ALL of your profits going to the PM.

I’ve met several investors in the area and I’m always interested in expanding my network and talking with others in the REI space.  

Then I can use the rental income from my tax return.I talked to the one lender and said that I have no interest in buying down the rate on the FHA with points.The DTI however does not work unfortunately with the conventional with a lower down payment I am being told. 

Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!

Talk about taking hospitality to another level.