Tax Breaks- I am not an accountant, but I recommend conversing with one to see all of the benefits to owning a rental property.

While you may not qualify, it's crucial to know what exists so you can have informed discussion with your accountant.

the claim that you fixed their credit or helped their credit just is hollow. once in foreclosure their credit is trashed.. going to sale does not hurt it any more or less..

I've had a BiggerPockets account for a little while but wasn't active at all in the past.

Do I need 3 separate accounts 3.

@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.

Most commercial lenders want a 680 credit score,  or they won't talk to a borrower.      

Most people think real estate investing requires huge capital, perfect credit, or bank loans—but that’s not always true.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

Quote from @Zach Edelman: If you do a DSCR loan and vest it in an entity - you and your partner can both PG the note and it will report to neither of your credit reports, thus having no impact on your DTI!