On the other hand, you could do one or both properties this year and roll forward any unused tax benefits each year until exhausted.

Been to San Jose, CR ,,,,,, COOL SPOTI'll think a bit more on what I could contribute (but honestly even with your very general question) my first BIG question before getting to the design and construction part of it is, "have you conducted an exhaustive needs assessment" to see what is actually what's needed as compared to what YOU want to build...?

@Brian G.The recommendation we provide all of our clients is to exhaust the conventional financing route first, meaning use as much delayed financing and other means first before getting into portfolio or commercial financing, but if you're looking for no seasoning products for the BRRRR strategy, you may be relegated to a commercial loan event though the rates aren't nearly as attractive.Stephanie

One side issue, what if mom needs a nursing home.....I've read elsewhere that the Medicare folks are smart enough to ask: "does mom own a home or other assets that she should use to pay for her nursing home (and exhaust those funds) before Medicare pays more.....and they're smart enough  to ask "has she gifted her home to the kids in the last 5 years?

However if you believe in your due diligence and think you can withstand this initial (and unfortunate) hit then I would hold my ground and let it play out a bit longer.

If things go sideways, you have the ability to withstand the financial shock because you are young.

For #2, if you exhaust your traditional number of loans, you can just use a hard money lender or a non-qm lender.

Eugene,In the Insurance Industry the Term "Umbrella Policy" refers to a policy that provides additional Liability coverage once and underlying policy's limits are exhausted. 

I inspected every one to ensure that the pipe was not corroded or showing signs that exhaust gases could be leaking back into the unit.

I really didn't know what I was doing but, to my luck (after an exhaustive search) I stumbled across an agent that did.