Yes their rates are steep, but that's hard $$$ for you.

The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.

So in that a much lower rate of return is acceptable given the safety and certainty level of things. 

Something many new investors don't think about is that property managers usually negotiate volume discounts for some of this stuff.

You may also avoid the seasoning requirement on a rate and term refinance. 

Using a CAP rate of 7%, the $16,000 becomes= $228,000 of added value. 

First thing I'd do is check comps to get an idea of the demand and rates you can charge for your condo as a MTR.

Statistically, the CPA exam has had a pass rate of 45-55% and the BAR exam has had a pass rate of 40-75%.About Enrolled Agents (EAs):An Enrolled Agent (EA) is a tax expert licensed by the IRS.

I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.

Some people only want 10-20% of their outstanding lines/debt balances available while the other 80-90% to be in fixed rate notes.