Here's the difference between the two - a CPA typically has to have a bachelor's degree in accounting and masters level of education then pass a series of difficult accounting exams, while an accountant may have zero qualifications; this could be your local bookkeeper who learned everything on the job.There is also an Enrolled Agent.

Hi Hoa,- Hard money is fast efficient, expensive,  it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.

If you're only receiving notifications of properties priced at a million or more, you must be looking in a high-demand area.

“Multifamily” in real estate typically starts at 5 units or more, where 2-4 Unit properties, even with multiple units, is typically in another box.5-10 Units: If the properties you are looking at are more than four units, then the options are likely going to be a bit different.

The higher your credit, the better rate you will receive on your loan.

For example, if the electric bills typically run $80-100, you might put in the leases that the tenants split evenly any amount over $100.

Typically high interest like 10%-14%, maybe more if it is a 2nd. 

While true student rentals typically operate on a per-bedroom basis, your lender might not favor this approach.

Hi Patrick,Typically less rehab there is, the less upside there is on the BRRRR, so you might leave some equity in the deal if you don't have much repairs to do.

The downsides are California taxes and tenant laws, typically.