Now, I own a wholesaling company based in Tampa Bay, and we do deals throughout Florida so feel free to reach out with any questions. 

Based on how you answer the questions above will dictate the responses from other BP members. 

We've a track record to share and a story to tell as we market our "new" resort to a large & generally untapped upscale customer base throughout Texas as well as both nationwide and internationally.

Your DTI for a mortgage is based on the mortgage payment.

I'm not an expert but based on my personal knowledge. 

However, based on our conversation, this strategy might unnecessarily complicate things.As a 1099 contractor, can I deduct all upfront expenses for the STR upgrade, as I did with my San Diego property?

I believe learning by educating yourself is the best base for achieving success.BRRRR Hard CopyBRRRR on Audible (1st and 2nd download w/ audible are free I believe)Good Luck!

Hey Everyone ,Am new to real estate wholesaling and i want to start in Nashville TN and am based in Egypt and I want to wholesale virtually in the US .

Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point. 
On the 15 yr fixed mortgage's I use, that comes out to about $250/month in interest payments, or $3,000/year....

Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.