While the SAFE Act excludes commercial financing, it makes no distinction between loans funded with cash as to owner occupied or non-owner occupied as to making a loan but does for seller financed loans.Commercial loans made to fund the purchase of inventory fo a retailer are clearly made for a business purpose such being the clear intent for exclusions to lending regulations.

Tevis Verrett - believe it or not, we don't exclude felonies.

Jay, I hate to hear that some bank is even thinking of that it should be a Special Warranty Deed, not a Quit Claim, the QCD only gives that interest they MAY have in the property, the SWD conveys interest and excludes whatever they want to exclude, like any matters during thier ownership interests.

Primary residence is excluded, certain investments etc.

You also have to report all your rental income in the state where you reside, or, you may have to exclude out of state rental losses from your state income tax return.In my opinion, holding rental property in a corporation is the most expensive way to go.

I try to exclude any tenants with pets when possible.

Are they working for an amendment to the SAFE act, to exclude mobile homes aka personal property?

I was watching a video and thought I saw that property taxes were excluded for the 50% equation but I don't understand why or if that is the way investors do it.Thanks!

Unfortunately, unless you find the absolute perfect buyer, aftermarket parts don't affect value at...or very, very little.I took $9000 as down payment for a $36000 house worth $50,000 to $60000 bank appraisal and cash flows roughly $275 excluding just PITI (not other expenses).Then I took the other $6000 and paid off credit cards to become debt free with exception of some medical bills after my daughter was born and spent time in Intensive Care.And that's the power of real estate!  

The law specifically excludes rentals under 250 square feet.