Then, once you own it, you can look into refinancing without the risk of a lender failing to perform.As for which strategy to choose, think about picking one that fits your situation and has the best chance of success, especially since you're new to investing and live in another country.Vision the follwoings:Option 1: BRRR - This involves a lot of micromanaging and supervision work during the renovation process, including dealing with contractors, permits, and other details.

I will make sure I include it in all future literature.

I am certainly afraid of the unknown, which would include those fees eating up the equity that I have built to date.

It may not be a simple DTI calculation but rather including your liquidity and assets into account - which may be a little complicated.

Hello,Can I include rental loss in my tax filing for last 3 months of 2023?

My question is, since I can’t put the property under an LLC, how can I protect my self from being sued by a tenant in a property that’s under my name!!

It includes a primary residence, as well as a detached garage/storage area in the backyard that I am looking to convert into an ADU (Accessory Dwelling Unit).

Interested in multifamily, strip malls, self storage. 

As for your down payment, I can’t personally speak to a small business loan…you would just want to ensure you include those payments in your analysis and prepare to be repaying the small business loan and other holding costs during the flip. 

This included managing the design, the contractors, the city, and the suppliers -- no small feat.