@Jeff Miller- if you want to do the loan in the LLC  name - you will find very  few lenders that  will be able to  assist  .....if this is the case - your first  question  should be : what  lenders  can close in a LLC name  ...and then  go from there ........if you are  OK  with getting the new loan in your own name - then most lenders   should be able to  assist  ...fyi - if you do the loan within 6 months - you will need to  provide  papertrail  for the lender to  show where the  funds for the  purchase   derived from .. if you borrowed / were gifted or  used  soemones elses funds to  close on the purchase  you  might  want to wait 6 mos +  to do the cash out refi 

They also refer me to other investors, which is where the bulk of my business derives. 

Before you pay anything, I would check with your accountant because I do not know if, for out of state residents, they look at total income or only rental income derived in the state of California to calculate the %.

Keep in mind that if you are deriving your direct cap rates from market data, tax and other expense risks should already be factored in to the market data. 

Bonus depreciation is derived from the portion of the property's value with a shorter useful life than the buildings themselves.

What % of cost per sf do you think one would need to add to regular flips' metrics to derive to the pop top reno budget?

Bonus depreciation is derived from the portion of the property's value with a 15 year depreciation schedule (or less).

After sharing one of my recent real estate transaction success stories, I have decided to share another similar experience of a successful deal with the BiggerPockets community, in the hopes that you may derive some useful lessons out of it.My Investment Strategy: As I explained in the previous post, I primarily adopt a Buy-and-Hold strategy, specifically utilizing the BRRRR method.

Sure, I could get into the second mortgage loan with 10% down, produce some short term rental income, but as long as it is classified as a second home, the rental income derived from it could not help me qualify on the next property if I wished to scale.  

In other words: "I think I can gamble and get back what I lost using exotic derivatives that I don't fully understand."