@Greg Harriman @Alex Chin  Please read some of my previous posts...The stated loans have been discussed at length for Seattle/King County and the underwriting is 1.20X DSCR --- Two banks here will allow a portfolio loans so the equity in the 5 properties become the new down payment ...as these are commercial loans ...you do not deal with standard FNMA D.T.I. ratios and they are cross collateralized with deed releases writing in to them. 

We write them as personal lines policies in your personal name.

If you have a disaster, Fema and insurers will write you a letter and tell you that your damage was a preexisting issue so you only will get half of replacement cost.

Another benefit is that I can refi now while it's NOT a rental and get a lower rate (and more cash out), and I'll get a larger interest write-off with the larger loan amount, possibly offset by investment gains elsewhere.Just curious what others think of this, or what you would do in a similar situation.

In my building we've had bad debt dating back to 2010 when the market crashed and we had to write it off and track it off the books.

The act of writing out our plans helped us to begin formulating more creative strategies for acquiring properties.

If I have already a few accepted offers in December I start writing offers with 60 day closings and delay them a little longer into spring.

I think there's a lot of truth in that quote, and I'm trying to learn to write that way.

Hi All,I have had a number of people write to me recently to ask if I am able to help with their building permit applications for new/renovation projects in Ontario.

Private investor gets all depreciation write-offs.