If it is a normal 70/30 leveraged property, you may end up subject to tax on 70% of your returns anyways - so cost benefit, is that 30% tax free portion worth the high tax rates paid and additional filing fees to get tax free treatment on the 30%?

This is my second year attending and I highly recommend it for all MTR operators.

Should I be a private lender since rates are so high?

Keep in mind its always a good idea to consult with a real estate-focused accountant who also does asset protection to get a full picture for more complex strategies.

But based on a couple office buildings in the same zip code I pretty familiar with that rent seems high for that class of office.

Given that you're just starting to learn, I would highly recommend talking to lenders and real estate agents in your area.

Market is still affordable to get into and cashflow is actually still possible even with high loan to value properties.

I have heard so many stories just like this from people who have purchased from turnkey companies.The refi is one way, but you'd have to have a big rate cut to free up $450 (unless this is a high-priced property).

Hi Nicholas,It is common in most market not to get a lot of leads, mainly when the price is high, but it takes around 2 weeks to a month to really find the right person.Make sure that you are in the ranges that other rental properties are in your area.

Like the car salesman/hustler who converts “ups” at a super high rate; or the guys hustling oil well participations over the phone.