It shields you and your assets, but becomes more documents, corporate meetings, contracts between your property and your management company, etc.

Unfortunately an individual cannot do that and when you seller finance you pay more in taxes on the income than you would a normal investment.

What I’m really intrigued on doing is getting a short term rental, mainly because of long term appreciation and I can depreciate the first year and potentially reduce my other businesses income so there would be a tax savings there on top of some monthly income coming in.

So $30k plus any state income taxes leaves you with $150k+ after paying off mortgage.You can certainly do a 1031 tax free in to a new rental.

This option is ideal for converting to an income property because the (when the renovations are complete, and the property is stabilized) the borrower can begin receiving income from the property before regular mortgage payments are due.

 Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

Just one example is the inter-corporate communication from Appraisal agencies ordering appraisals from independents, with updates as to conforming to value range adjustments which can change to the market area.

For the past year I have been looking for a place to buy as an income/airbnb to buy in Mexico and have inquired about Playa del Carmen and Tulum and keep coming back to Tulum as it seems like it has the potential for growth with airport coming and simply more infrastructure.

I searched and found one HELOC lender that handles investment properties and below are some of the requirements.Typically a credit score of 720 or greater.A maximum loan-to-value ratio of 80%.Cash reserves covering six months or more and for rental properties, proof of long-term tenants.A debt-to-income ratio between 40% and 50%.There are higher interest rates on an investment HELOC than on a residence.1031 ExchangeAnother consideration is whether you want to keep the property.

Another issue that I don't find the solution in the syndication literature is how do you finance the interest paid to the investors when there is zero income during the construction.