However, take a look at your father's tax return and see how much PAL (Passive Activity Loss) may be built up. 

*However, when I made it clear to mortgage brokers that I did not want the DSCR lender nor the servicer to report to the credit burueas or impact my DTI, they said that they could accommodate that as long as the loan docs and the title are in the name of the LLC (borrower = LLC, not me personally).

Hi @Diya RS  - so I've been actively looking in Mooresville and Charlotte, and am in contract in Mooresville on a new build. 

If anyone here has recommendations or can point me in the right direction to find legal counsel experienced in navigating subject-to-deals, I would greatly appreciate it.Additionally, I'm actively seeking opportunities in the multifamily real estate market.

@Logan Laperriere I have just started looking into it but yes directly with the local VA services.

Teh amount of money saved by doing these activities myself was huge in ensuring the success of the business.

Go DSCR and up the LTV to 80% if it will debt service if not keep it at 75%.Second option is get a portfolio loan you are buying more then 3 properties.DM with any questions if you want to understand blanket portfolio loans. 

We met all non-passive requirements and can provide proof to show that our projected annual materially-active involvement is at least 500 for 2023.We met with our CPA and he brought to our attention that we had a loss of -$107k.

I'll start with the Axios interview I gave back in December and was published in January  Case and point, the low skilled Agents will be pushed out as there is now less low hanging fruit out there for them.The Elite Agents who have been superior to the low skilled Agents in everyway except for the willingness to work for a low wage, will no longer have to compete with 1,000's of low skilled Agents offering their services for a much lower price than the Elite Agents.Fewer low wage Agents means all that money rolls right back up to Daddy.

It also keeps you active looking at properties where too many investors now are virtually looking and missing all the basements where all the problems are.