I think all of those methods are ideal for what you want to do, just make sure you are targeting your ideal investor (demographics, age, etc).  

The issue sounds like with the delivery method chosen, since it prevented the check getting there in time. 

Purchase price: $365,000 Cash invested: $20,000 An apartment in my primary residence.Upgraded when purchased to command the highest rent possible.Looking to expand to other buy and hold rentals in the Long Island area, possibly with the BRRRR method.

Purchase price: $180,000 Cash invested: $75,000 This is HomeRoom house #1 and I still live here with numerous awesome roommates!

I personally like to break out my invoices accordingly - IE prior year billing adjusted for inflation, and then separate line items for anything new over the prior year - accounting for a numerous refi, new properties, significant bookkeeping required, cost seg, etc. 

The numerous disclosures are in place to give the parties ample opportunity to pursue remedies prior to closing.  

If this property has numerous major repair issues, maybe it's not as "turnkey" as it sounds.

Natalie Kolodij (Moderator) - Accountant from Charlotte, NCreplied about 14 hours agoOriginally posted by @John Kwon :So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not planning to improve the property.So this mean that BRRRR method is no longer a good method at least from tax deduction point?

This would allow me to still invest in real estate as well as numerous other areas while doing it all within a tax-advantaged account, likely with more liquidity and the ability to withdraw my initial contributions without being penalized if I ever found myself in a pinch.

I have two methods of financing (business loan or VA home loan) Ik the VA is much easier but I didn’t know the business side so I’ve been going with that as my primary to learn the ropes.