True if we want to single out one piece out of the whole and ask if there is no T&I in Debt service then there is none but We we’re referring to DSCR and that does already have T&I baked into the NOI calculation.None of my commercial notes impound or escrow T&I I have my Mgmt manully escrow the T&I’s.

With self-directed IRA you have virtually unlimited investment options, some of the most common are: rental real estate, private lending, tax liens, syndication (buying a piece of larger multi-family or commercial property), individual trust deeds or investing in a trust deed fund...

So I think that the refinance piece of BRRRR is best done with a commercial bank if you are talking about income producing rental properties.

as the representative of an estate, I sold two pieces of property in another state (MI) w/ my fathers former business partner. 

I took several pieces out and there was no mold behind the sheet rock in either bedroom. 

I am having furniture built - I am cutting out the middle man and having expensive pieces made for a fraction of the cost.

Get a great housecleaning to be your eyes and ears and you'll be on your way.

Here's a question I want to put forth regarding my getting pre-qualified.Presently I'm putting the pieces in play to buy a duplex property or single-family home where i might an ADU in back to live in while I rent out the main house.This will be my first deal that I am seeking a loan from an institutional lender.My credit score is outstanding (820+) but I don't currently own any real estate.So my question - We often hear BP investors talk about the importance of meeting local lenders, credit unions, etc. in order to develop relationships with these local lenders.Since this will be my first deal in my name, am I better off simply connecting with a good mortgage broker rather than going to several lenders directly to shop for the best solution for me?

My friends IRA will give me the money needed and in return I will give him 6% interest plus a piece of the equity someday when we sell.

Great topic and conversation piece, will be interesting to see where it goes.