In other words, if you buy with true cash (meaning not hard money, no lien was put on the property at purchase, etc), then you can get a mortgage for up to six months after closing based on the purchase scenario (basically a cashout refi). 

So many don't understand basic economics. 

Hi Jazmin - While TurboTax can handle basic rental income, a CPA would add insight, especially for a first-time rental with mixed uses like yours and even explore tax strategies tailored specific to you.

It's a good location but an overwhelming rehab just beyond my experience; sorta a full gut/ or the basic kitchen, bath, flooring and paint remodel.

Beyond these details, I’m excited to dive back into the basics and beyond—open houses, expired listings, online marketing, and more.

i’m new to all of this so I’m trying to learn, but would it be possible in your situation to pay somebody to squat in there and basically cause the other person to want to leave?

NOT a big bank they will say no.. my community bank has done these for me for years and the  rates are ( for me at least) basically maybe 1 point over what they do for MF or other commercial loans.. its a relationship transaction I have found. 

That’s the most basic thing to do.

Basically you added 1 or 2 units for that year valued at $60k per unit, and then adds in the 2% increase from last year to current year. 

That brings me to my next bad landing page (LP) breakdown—there’s a lot to unpack here.What I’m showing you here is a simple “load speed time” analysis of a PPC advertiser landing page.The basic industry rule of thumb is that A load time of 1-3 seconds is considered good, where the less is better.