And four years ago, we all remember Donald Trump threatening to fire Jerome Powell if he didn't cut interest rates further at a completely unnecessary time, other than to help him try to win re-election.

This could manifest itself in additional damages and financial losses when they decide they don't want to put up with you any more.Also, Section 8 does require more work setting up, renewing, increasing rent, etc.

Loan balance is 280k, value is over 500k, cash flows about $1300…went to apply for a business line of credit thru my operating LLC and was denied due to losses in last years schedule E…the idea was that I use the LOC to help pay for a down payment.

Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in

Here's a sample monthly for one property:Gross Rent: $1990Mortgage: 1770Tax: 209Insurance: 119Management: 199SO that's about a loss of $300/mo. 

While some investors have experienced significant success, others have faced substantial losses.

Oh by the way, up until i started selling, i hadn't paid income taxes on any of the rental profits for almost 14 years and even after I started selling, my carry forward losses covered everything up until last year when they finall ran out.If you buy right, sfh rentals are the best long term investment you will ever make.

There is no loss of use.

It's also a bummer to be a creditor to someone who's over leveraged and putting investments on credit cards even if they are interest free for 21 months.I wonder what your reserves are like, both for your investments and for your ability to withstand a loss of a job or income.

you more than make up for any loss of revenue by having operating expenses that are 50%+ less than what you would expect from a STR in the states or Canada.