I recently lost my job due to Covid and now have the time and energy to educate myself on the process and most importantly, the numbers to make a new deal.I discovered Bigger Pockets via the podcasts, and hooked ever since.

With accelerated you can depreciate the land portion over 15 years and certain components of the building (I think HVAC and other mechanicals?)

It's also highly unlikely that your MLS will allow you to list a property for resale when you don't already own it.All it's going to take for the poop to hit the fan is for a family member or friend to discover that you screwed Grandma out of $20,000 of her equity. 

If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

If you think you will go FHA or Conventional; and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I've discovered the Non QM loans and think that could work for me, but am unsure if I can get that loan for only $64,000.

*So if you want a book find one on how to discover your "why"Hope this helps

By the way, if you thought lots of people worked in coffeehouses before COVID-19, just wait until the office crowd discovers their availability.

Hello,I'm curious how investors value/underwrite parks where there is a component of RTO?

I recently discovered Home Appraisal and was hoping to receive some information on the Pros and Cons of going after an Appraisal Certification Before a real estate license.