I have a 6 family deal on the table.Asking price 420k I think I could get it for 400kReal estate tax reportedly is $4000Water sewer $200 reportedlyInsurance $2700 per yrGas $600 per yrElectric $750 per yrGarbage pick up $750 per yr.Plus lawn and snow careCurrent rental income $3945After purchase projection $4200 (on low end)Cash flow on purchase would be around $1200 a month...Great neighborhood A+ and the property is in great condition...Looking for help in terms of is this a good deal... and if so what would be the best way to structure it?

So if your loan is an unsecured loan, and you are seeking a conventional loan, then we would need to structure this in a couple of ways:Get a business account. 

The standard mileage rate is subject to certain rules and you must choose to use it on the first year you have the car then on later years, you can choose between the 2 methods whichever will give you the most deduction. 

There just as hit or miss as any other method.

Wait until its in the best condition, the taxable amount of the structure would be the highest, thus depreciation would be the highest.

Discipline is key if your using this method. 

How would you structure a duplex deal with someone if your partner wants to live in one of the units?

Personally, I see BRRRR as the best method of investing in REI (I'm sure this can be heavily argued).

Hello all!

My wife and I are looking at purchasing a multi family property to house-hack. I will be using a VA guaranteed home loan. I’ve ran quite a few numbers on many properties in my area and what I’m seeing is ...

Then, following the BRRRR method, we will refi out to pay down the HELOC and repeat.