Does he realize just how much of that equity he will not get in cash through taxes and other fees found with traditional financing?

That’s because the property would be considered a rental property for tax purposes.How Cost Basis Factors into Capital Gains TaxYou can think of cost basis in real estate as the total cost of buying the property.

In my opinion, there are too many factors to consider to refinance, just because you have PMI.

It isn't insanely different from regular deal but it is also great not paying high fees for a DSCR loan.

Here's the breakdown of costs and services I'm considering:ZenBusiness Options:Starter Package: $0 plus state fees.

I like to think of lost rent as a regular operating expense and factor it in as vacancy rate.The most important thing in this case is to not take it personally, don't let it make you mad or bitter.

You get all your mail scanned electronically and you can forward anything that you want for a nominal fee.

Anything more will be high in fees

Lets you take advantage of the novelty factor for guests without long-term tenants getting stir crazy.I know a few people that are very active in the Tiny House space (movement?

I don't know if it will impact the coverage now but it will certainly be a factor when you change to LLC ownership.