I am brand new to investing but looking to take action preferably in the multi family space .

I am currently looking at a house in upstate New York. 

There are definitely a litany of different options to get into when you are first starting down, and I find that the most successful investors we work with are very niched down and know their target properties. 

Hi everyone, I am new to Bigger Pockets.

I bought my first house-hack SFH property in Sandy, Utah in 2022 where I currently reside.I am now 22, single and have enough saved for another down payment (targeting small multi-family).

Then open a new Google Sheet file, click Open and then select Upload.

With new construction, comes more competition.

For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!

Hi Jerome - MTR is certainly one of the areas of lending that is still new and lenders are still adapting - probably going to run into trouble with more traditional and conventional lenders - which generally take a long time (years) to adapt to new trends like thisI wrote about this late last year as one of the developments to watch for 2024 - particularly how DSCR Lenders are approaching, which is likely the best bet for this investment type currently (but note not all DSCR Lenders are the same - so will need to vet and pick one that is MTR friendly and generally forward-thinking)What’s Next For DSCR Loans?

The new property is the tax shelter that can take some of the burden off of your carry over year to absorb some deductions.