About 21,000 square feet of live-work-play units are also envisioned, allowing a small business owner to operate a tiny shop from their home, according to details shared by Taylor Assistant City Manager Tom Yantis during a June 27 public hearing with the Taylor City Council.

Cons: Property 1 has strong expected IRROption 2) Sell property 1 to pay off a construction loan on property 5 and purchase new SFR -- Pros: Improves cash flow by $1,000 / month, Adds $40k cash to bank account (after $30k loan repayment and $40k SFR purchase). 

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Can I charge my business as I am lending the money?

More than willing to share my contacts to keep them busy.

(Mobile, Al) The two banks I tried to see what the numbers would be regarding a cash-out refinance, they only do 75% of the purchase price + construction cost and not 75% of appraised value that I’m used to.I did try a DSCR refi, and after several paperwork being submitted, credit score ran, appraisal bought, only to have my numbers change before signing the docs for closing-so that was a dud.My question, who do you know that’s a reputable Union or bank that’s doing at least 75% of appraised value?

McGeeI use virtual assistants across my business cold calling, social media, etc - we actually provide our real estate virtual assistants to our partners / clients.

Do you even know how to operate in a customer service oriented business?

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

While the house itself can be flipped for upwards of 400k, new construction in this pocket is early clearing 500k pushing 600k.