For example, if I send my son money for books, can I do so as a property manager fee so that this is also tax deductible.4) If my son, finds the monthly payment to be to much while he is in school and I end up shouldering some of the costs, how long per IRS rules can I carry a loss on the property.Any help would be greatly appreciated.Thank you.

It will give you a lower interest rate on both properties because you bought them as owner occupants, and it will require less down payment to get into. 

@David Cherkowsky, the lender will take the full rental income reported on the tax return, for that property, subtract it from the total expenses, add back depreciation, property taxes, mortgage interest, home insurance, HOA(if applicable), sometimes repair expenses(must be documented), divide it by the total amount of months the property was in service for that year (THIS NUMBER IS ON YOUR TAX RETURNS, SO MAKE SURE YOUR ACCOUNTANT DOES NOT PUT 12 MONTHS), and subtracts it against your total monthly mortgage payment.

@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.

A HELOC offers flexibility and interest-only payments but can be risky with rate fluctuations.

As for the cost of the ticket I'm very sorry but I'm not able to help with anything membership payment or ticket related I just don't have access to any of that info but the support team should definitely be able to help with that question [email protected] I'm also attending Mometum so I look forward to seeing you there tomorrow!!

Conventional loan with a 20% down payment.

I see too many investors now, put a significant amount of money in rehab costs and over leverage themselves on hard money loans with low down payments, their properties are not selling and they are lucky to just payoff their current hard money loan via a DSCR refinance. 

Cross-Collateralization – A lender may finance the full $160,000 purchase by using your existing properties as additional security, lowering their risk and possibly reducing your down payment. 5.

Some of the best ones are offering rates as low as 5.75% at no cost to you, it just requires a 30% down payment.