Welcome to BiggerPockets, Marie! 

@Shivani Brijmohan, while I cannot speak to NY, I will say in general:You should know how the property will be reassessed when you buy the property.  

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated this home to create a premier vacation rental property.

A second option is getting a DSCR loan.Lastly, knowingly leaving deductions off of your tax return to qualify for a loan is mortgage fraud. 

She was determined to close the sale by the end of the month, but her husband, who had no legal claim to the property, refused to leave.The situation was emotionally and logistically complex.

I would like to refinance but my partner wants to continue buying property out of pocket.

This is made possible by them setting up a Tenants In Common (TIC) structure.Has anyone done this before?

@Chris Porter Sorry to hear about this issue.  

@Sean Grabow you can look up @Josh Caldwell from the Pittsburgh Reia group.

I am in the process to register an LLC, I live in San Diego Ca.