If the loan is not being serviced by a third party then odds of getting this are going to be slim as most mom and pops don’t know how to do this but yes they should.  

I am an agent and investor in the area and my brokerage has a construction company.

And many times these properties cost more to fix up than to tear down and rebuild. 

I currently have  1 Business Bank Account that is for Master LLC and stuck on best way to manage cash flow  and flow of funds between account for all master expenses related to my business setup vs and also expenses/ rent related to the properties to ensure that I keep things clean, simple and easy for reporting, taxes.  

People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?

Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status? Thank you.

Quote from @Joshua Michael Hauman: Hey BP Community,I've got a friend who is a veteran and asked for my help to get into investing and I'm more than happy to help him out however there a concern that came up.

I’m not an attorney and don’t know your full situation and all the facts and circumstances but would recommend you consult with one if you haven’t done so in the past or already.  

With fix and flips, the goal is for a short term hold so the interest only payments generally makes more sense.  

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