Property owners can write off all of the interest they paid each year in interest (The rule is that you can deduct a home mortgage’s interest on the first $750,000 of debt, or $375,000 if you’re married and filing separately.)3.

I can avoid added taxes/costs by paying cash for a lot of these projects as well.Ultimately, my question is should I pay cash for the reno and avoid going into debt, or should I finance the project and pay it off over the next 1-3 years?

I must keep in mind I need to pay down my own debt or at least that’s my belief.

But it paid down my debt or financed the rehab on the others.

hello Darnellget current on all of your outstanding debts by calling the debtors and restructuring the debts into affordable payments; get rid of most of your credit cards, get a secure card and ALWAYS pay everything on time, preferably 2 weeks before the due date. 

From what I see written in reply, the biggest risks are:1) the syndicator themself (crooks, inexperience)2) being over-leveraged and in a worst-case scenario not being able to pay the debt (or having to pay $15k out of pocket)Market trends, end of cycles, even serious downturns at a macroeconomic level can cause LPs to lose money, but I think it still comes down to the above.

We all have to take risks to get started in this business, and kudos to you for taking action, but the name of the game is to de-risk your situation as rapidly as possible, and you have an opportunity to do a lot of work here that requires skills that can be easily picked up by watching YouTube videos.Put what you absolutely must on the credit card, but know that @Brady D'Hont (you) in 12 months will thank you right now for putting in a few nights and weekends to minimize that credit card debt or the amount you finance. 

Exchange property you currently own for larger property with greater income and greater value by taking on a larger debt or providing a junior lien for difference in equity8.

Leverage can be increased by expanding the capital stack with mezzanine debt or preferred equity, but these added layers require higher payouts than senior debt, even in high debt cost markets.

When you talk about the debt to income ratio, is this referring to just consumer/personal, non-mortgage debt? Or