Goal is to move mid-late 2024  Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.

You will want to check with your accountant, however, because you will have some tax considerations.

Hi BP Community - does anyone have attorney recommendations that can assist (or prior personal experience) in Wyoming with self-directed IRA LLC formation?

Next goal is to get into STR to maximize benefit on W2 Taxes and then hopefully try a flip.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.

Just moved to Austin TX - Florida was getting expensive on residential side (tax reassessments, insurance hikes and mandatory flood insurance coming soon).

I have the opportunity to buy an off market double wide manufactured home for half of market value, but because it was built prior to 1976 I can’t get anyone to lend on it.

Tax returns and w2 paystubs?

In that case, how would you find documentation to establish the baseline for any time prior to your purchase?