❔Medium Term Rentals❔Single-Room Occupancy❔Manufactured Housing❔Mixed Use❔❔❔YurtsFull Article: https://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...

As accountants we want to help people scale up via tax advisory so we can turn a small loyal client into a big loyal client.

Generally there are three categories of multifamily investment properties – which will greatly determine your loan options.These three categories are based on the number of units at the property.2-4 Units: While these are “multifamily” properties in the sense that there are “multiple units” – you will generally have very similar options for financing to traditional residential loans on single family rentals – think the traditional 30-year fixed rate conventional option or DSCR Loans – and the coveted 20% down payment option too.

However, with strategic planning and assistance from experienced real estate accounting professionals, it may still be achievable for part-time investors.Primary Occupation: REPS is primarily tailored for individuals whose primary occupation revolves around real estate management and investment.

Quote from @Jerryll Noorden:MAYYYYBE  interconnect 400 super comuters together and feed it every single piece of data on this planet and construct a real life emulator/simulater with every person's artifical character on that simulation where every user has inputter their life's journey...

We have a single door rental worth about $320,00 that will be paid off on June 1, a half duplex that is worth 260,00 with a $120,000 mortgage and our primary residence is worth $650,00 and has no mortgage.

Yes, you have to hang your license with an institution because it pragmatically isn't economical to run your own independent shop these days.You're still often brokering or correspondent lending, though, if you work for a mortgage bank or mortgage company (eg, not a "bank" bank, where you can have a checking account).

Hi Shree,Make sure you have a business privilege license and get a tax account number before you apply for the rental license.

If it is a single unit 2 bed/2 bath you can definitely get a residential loan.

We allow single night stays since we are competing with hotel/motel rooms given our property is a 1BR/1BA (no kitchen or laundry).