Once the news came out, he flew to Indy to check on the properties and found out they were actually vacant, unoccupied and had never been remodeled like he had been told that they were.

She actually told me it was a triplex.

Quote from @Jordan Hamilton:  Looking for assistance how to actual structure my taxes.

The stock market has been on a tear.  

I joined various internet marketing programs and mentorships to find ways to transition from my W2 job.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

-Selling Costs (Agent, Closing, etc.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.

I am on my first BRRRR and the issue is lenders keep only wanting to lend on 80% of the purchase price and not the actual appraised value, which would keep my money tied up on the rehab portion as well as 20% of the purchase price.

I'm not super familiar with the real estate market in Couer d'alene like I am with East Idaho or even southern Idaho or the Treasure valley.

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?