I’m not that dumb that I would put in a signed offer before understanding some aspects of benefits.

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

It’s a bit of a tangled web, but if you need more info on it, do your research first, and then you can contact me to help you sort out the current rules. 3) The tax benefits are severely hampered if you there is any money from your original property that doesn’t get spent on the replacement property, so it’s best to purchase a more expensive one to avoid losing those benefits.4) It is imperative that you do not receive any money directly from the sale of the original investment property.

The power of leverage is one of the main benefits that distinguishes RE from other investment choices, and the refi is where real wealth is made.

Also, I'd lease out the other bedrooms for additional income as well as practice screening, leasing, and interpersonal comms.  

What benefit would this give you?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Certain circumstances may require additional guarantors, however, just one will suffice most times. 

It will familiarize you with the basic terminology and benefits.

I do NOT rent to any real estate agents, brokerages, or property management companies as they would be a competing business and it wouldn't benefit either of our businesses to share a building.