Yep, good luck with that right now... since they raised the min loan and min house value it cut off many of my exit strategies, and is a real challenge for attempting BRRRR in many of our Ohio cities. 

See IRS Publication 527, "Figuring the Basis" under "Basis of Property Changed to Rental Use" for more information:https://www.irs.gov/publications/p527#en_US_2023_publink1000... the loan on a property does not change its basis (the FMV or the amount originally paid for the property), although as previously stated, you may have deductible expenses related to obtaining the refinanced loan.Regards,Carter, EAPro Support"

I prefer using my s-corp for loan/deed purpose.

They came in a 6.375%, no loan origination fee, etc. and said I can refinance at anytime with no prepayment penalties, seems almost too good to be true.

What's the best credit union in Atlanta to help with funding deals with a personal loan and build a long term relationship?

If your exit strategy is Long Term Rentals (LTR) eventually you will have to go to commercial loans to acquire your properties.

Still shocks me there are people on this earth that will allow someone to take over their loan payments that could impact their credit.

all these courses with floating bridge loan is used to bankrupt you folks

-loan options that allow for as low as 0% to 5% on select properties that will also allow you to scale quicker owning more REI with the same amount of real estate.Again, I am happy to discuss your goals and any of these creative options in more detail if you'd like just let me know.I hope this was helpful! 

What is your ratio and timeframe, for the loan to be called?