As the Branch Manager for RBI Private Lending in Texas, I specialize in offering flexible financing solutions, including bridge loans, construction loans, multifamily financing, and DSCR loans.

Quote from @Daniel Kulik: Hey everyone, I'm developing an automated property management software specifically designed for small to medium-sized landlords.

Im looking at a property that has two legal units and a third that is not.

Investors also appreciate lenders who understand the nuances of rental properties and provide fast, reliable service without unnecessary red tape.

I'm hiring a property manager and the management contract requires a waiver of subrogation in favor of the property manager.

I understand federally I can deduct payments on mortgage interest, property management fees to my onsite property manager, maintenance, etc.

@Glenn N.Typically when lending you pay taxes in your home state only but if it defaults and you foreclose then you own property in Florida and would be subject to Florida taxes

We are closing on a property in Akron.

But, a non-favorable catch is the requirement that Hometap becomes your financial power of attorney over the asset, in the event of default or a breach of contract where they can transfer the deed of your home, and or sell your property without your approval(cost, fees, time)Below is a situation I'm trying to evaluate.

I have this question for both seller financing and subject to.