The only cost the deal needs to absorb that's relevant is the interest, and even that is really just the delta between the actual interest paid and the tax savings on that interest on your federal return. 

You are in a world of tax pain doing that.  

Seek advice from legal and tax professionals to establish the most suitable structure for your US investments.

Looking for a property in a good school district (B+) with lower property tax.

@Dan Heuschele if he is intentionally proving the door open, send notice that intentionally leaving the door open is a lease violation and attach a fee (if legal in NY).

If your goal is to minimize fees and have the lowest rate, I would normally advise the client to start with their current bank if they have a clean file.

I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction.

@Ronald Benson Yes, you have to make sure it is the first mtg foreclosing….not a second mtg or hoa, and check for back taxes, etc.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

And since I get great tax write offs on properties, why would I buy treasuries?