So passive losses are only allowed to be used to offset other passive income unless you are a real estate professional or your AGI is under the $150,000 limit to use the passive losses against your other income (provided you have active rentals).  

Whether you're a new investor or looking to scale your portfolio, qualifying for traditional loans can be a challenge—especially if your personal income doesn’t meet the strict requirements.That’s where Debt Service Coverage Ratio (DSCR) loans come in as a game-changing solution for real estate investors, providing an easier way to finance properties based on the property's cash flow rather than your personal income.What is a DSCR Loan in Real Estate Investing?

Purchase price: $250,000 Cash invested: $62,500 Brand new build: Appraised at $310,000. at closing the builder financing and buy down of 1% put the 30 year fixed financing at 5.75% investor financing with 20% down.

An LLC will do nothing for you such as providing asset protection and shielding you from lawsuits.

Purchase price: $200,000 Cash invested: $40,000 First investment property - higher end rental in my market.

The response was overwhelming—within 48 hours, we received a cash offer well over asking price with no inspection and no contingencies.

So go find that local person who teaches cheap classes, or provides a 1hr overview at a local REIA.Read the book the 16% solution for a general overview of concepts and ideas.

I paid for the land in cash and am now looking to take out a construction loan to build the house.

There isn't a lot of information about comparing PMS providers, so just wanted to let anyone who is considering switching know my experience.

The REI market in USVI is very unique as property values are being held down by economic pressures providing the opportunity for low buy in.Here's the link to the listing in case you are interested:  https://listings.coldwellbankervi.com/idx/details/listing/b3...