Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

They generally have out of college/construction unseasoned folks doing the paper permit reviews from what I've seen based on the comments that come back. 

👋My name is Anthony, and I’m an investor based in East Hartford, Connecticut.

Based on what you described above, it sounds like he used all the tricks he learned presenting on behalf of Dave Lindhal, just now in his own mentorship program (I.e. sponsor deals for students, crazy acquisition fees, big pressure sales pitch all throughout, etc).

If you know your tenant base like you do, then you know which works for them.

Were based on dubious and unproven speculation, assumptions and best case scenarios2.

In addition, education can only teach you so much - what type of experience-based learning do you receive when joining these teams? 

In my experience, these are also referred to as "QM" and "Non-QM" loans ("QM" = Qualifying Mortgage)And as consumer mortgages, these loans are generally issued under the person's name with the underwriting based primarily on the borrower's DTI (Debt to Income) ratio.

These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.