![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3153778/small_1734016868-avatar-timothyf114.jpg?twic=v1/output=image&v=2)
15 December 2024 | 7 replies
Btw, this all applies to owner occupied SFR sellers; commercial or investment property falls under general commercial transaction regs
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3149502/small_1732404433-avatar-sushili.jpg?twic=v1/output=image&v=2)
10 December 2024 | 22 replies
All the same rules of a standard DSCR cash-out refinance would still apply.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1866804/small_1733331117-avatar-reevesb.jpg?twic=v1/output=image&v=2)
17 December 2024 | 14 replies
The old adage slow and steady wins the race can certainly be applied to real estate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/68171/small_1621414072-avatar-dfwsnapshot.jpg?twic=v1/output=image&v=2)
17 December 2024 | 13 replies
These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2731384/small_1694554270-avatar-saikam.jpg?twic=v1/output=image&v=2)
9 December 2024 | 8 replies
Does that same logic apply to "buyer agent commission"?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/493964/small_1695114540-avatar-satyajeetd.jpg?twic=v1/output=image&v=2)
20 December 2024 | 28 replies
I could posibly see having a second for the STR vs LTR and keeping STR in one over the other. one asset for one LLC really only applies to commercial not single family
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3144695/small_1733188612-avatar-jeanettem36.jpg?twic=v1/output=image&v=2)
9 December 2024 | 11 replies
However, strict IRS regulations apply, including prohibited personal use and mandatory income and expense management through the IRA, with penalties for violations.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3150592/small_1733630128-avatar-michaelp1824.jpg?twic=v1/output=image&v=2)
11 December 2024 | 4 replies
However even if you make more money than the requirement you can use a portion of your income to apply.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2817223/small_1736815400-avatar-brettr612.jpg?twic=v1/output=image&v=2)
11 December 2024 | 6 replies
By the way, 3 of the 4 have been rented since I owned the property so yes I suppose the 75% rule could apply then.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/282004/small_1621441365-avatar-scottz2.jpg?twic=v1/output=image&v=2)
17 December 2024 | 29 replies
Yes, my question applied to rentals, and it appears we are all close to doing the same way.