I currently live in Prescott Az.

Most lenders will add back in depreciation and around 1/2 of your milage expenses.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

My wife and I have done all the terms (short, mid, long term rentals) and have done some live in flips.

One thing that DSCR is not really set up for is if the property is "Subject to" meaning not move in ready/live able.

My dream is to achieve financial freedom through multifamily rental properties and live life on my own terms.Recently, I have been reading one book after another, trying to absorb as much information as possible, and am extremely thankful to finally find this amazing community.

The ADA defines "readily achievable" as “easily accomplishable and able to be carried out without much difficulty or expense.”Without much difficulty or expense is substantially different for a small mom and pop restaurant than it is for Google or TJ Max.

If you are doing a live-in flip why not use that equity for a down payment with a refi or HELOC?

So, when it comes to writing off expenses, here’s the scoop: you generally can’t deduct travel expenses if you’re just looking for a new property to invest in.

It will be expensive to build.