However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

If you’re open to it, bringing in investors with clear terms could help you leverage your strong track record and deal flow to expand faster.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Anything you buy in the Columbus Ohio market is currently blow up in terms of appreciation growth so it's one of those markets you want to hold the real estate for the rest of your life.

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.

The garage and the fact that a long term tenant was in place paying market rent.

Was that purchase money, rate and term refi, or cash out refi?

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

I also allowed the fear of others to take me away from my long term goals.