AS for your property just out of curiosity did any of the following apply or get addressed?

It is good you understand the terms of Cap Rate but this applies to true multi family properties that are relevant to values and commercial lending of 5+Multi Family Units.

I highly appreciate these recommended books because I honestly do believe the knowledge comes first and THEN apply that knowledge in real-life situations.

The strategy and numbers make complete sense; however, I am concerned that using a Personal or Business Line of Credit will cause issues when applying for the new Cash-Out Refinance mortgage.

@Lorry Champagne When you apply to the tax collector to send a property to a Tax Deed auction....if your certificate was say $1000 and you had to pay an additional $5000 to redeem the other outstanding certificates and tax collector fees, then the minimum bid at the Tax Deed auction would be $6000, the money you already have out of pocket.If someone else bids that $6000 minimum, then you get repaid.If no one else bids the $6000 minimum, then you get the property/Tax Deed......that sounds good at first, but realize that means you just paid more for the property than anyone else was willing to pay.BTW,I agree with Ned, all these training/buyer clubs for tax liens are useless.....most of them are selling you junk liens that no one else wanted, or a lien that someone bought then realized it was a mistake.

Business expenses are not deductible (after the tax reform), and the new 20% deduction on net income does not apply.2.

I am applying for commercial credit.  

Hello BP Community, I’m looking to take that “first step” but unfortunately when i tried applying for a pre-approval i was denied due to my hIgh debt to income ratio.

I have a NJ license, can I apply for a license in NY or Fl?

Since I'll be living in the building, I don't think a landlord/commercial policy would apply.