In the past, we have heard you need to have a larger portfolio to report to the bureaus, but even if you could I would strongly recommend against it.

I have an asset-based line of credit with Quanta in California.

My allocation I mentioned above is purely what I would do based on my current financial situation.  

There are stated or no income 2nd mortgage loans but typically these are fixed term and fixed payment type second mortgages meaning the interest rate usually doesnt fluctuate like a HELOC or home equity line of credit would fluctuate (prime + margin = annual rate calculated based on a monthly basis). 

I have a large base of heavily vetted contractors that I can introduce you to. 

Hi everyone,My name is Ohad Gincel, and I’m a real estate investor based in Israel, looking to expand my portfolio in Pittsburgh, PA, together with my wife, Naomi.

Greg, that's a solid advice - run your numbers based on market price, not on Section 8.

I made a tracker based on the IRS audit guide.

@Sarita Scherpereel so it's in a three flat building, but the zoning says there's only two units the basement unit based on what you said it's not illegal as it hasn't been cited by the city.

In that case, you'll strongly want to consider what putting personal-use property inside of an otherwise business-use LLC would do to the liability shield, as well as insurance and tax reporting.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.