What made you interested in investing in this type of deal?

Any suggestions or names of companies that can do this type of job are greatly appreciated. 

When you buy a primary residence you are typically using a conventional conforming (fannie/freddie) type loan.

(My fiancé with an architect with a refreshing vision) What made you interested in investing in this type of deal?

The property is in a B-class neighborhood, and while I’m comfortable managing coliving setups, I’m curious about any potential nuances around refinancing and insurance for this type of property.Are there specific loan types or lending policies I should know when refinancing a rent-by-the-room property?

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

Purchase price: $85,000 Cash invested: $55,000First BRRRRWhat made you interested in investing in this type of deal?

Purchase: $62K + Rehab & hold: $17K What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

That type of stuff makes them look bad.