Thanks @Jonathan Greene

Quote from @Jonathan Greene: If you are out of state, why Cincinnati?

Quote from @Jaycee Greene: Quote from @Malcolm Brown: My real estate agent provides listings (multi family homes).

Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

Quote from @Jaycee Greene: Hi @Christina Galdieri!

@Jaycee Greene,  Thanks for letting me know.  

She also just wrote a book for BP as well https://store.biggerpockets.com/products/self-directed-ira-i...

Freddie has a reno loan product that can be used for investment properties; this is only for first position, though.For the Heloc - it goes back to whether your mom wants to continue carrying the loan for income, and if so, how will you pay off the heloc once the rehab is complete?

Quote from @Geoff Engel: Quote from @Jaycee Greene: Quote from @Geoff Engel: Hey everyone,My name is Geoff (that's Jeff, but spelled better).