Be prepared to close on it if you don’t sell it in time. 

Residential Cost Segregator® by www.kbkg.comCost Segregation Software Designed for CPAs, Tax Preparers & Building OwnersThe Residential Cost Segregator™ is an online software program that allows CPA’s to generate custom reports in just minutes, providing tax benefits to clients without hiring a specialist.

If we do end up in a bind, we can't necessarily control what our tenants can pay, but we can control our own steps for preparing for that eventuality.

I use an RMLO that qualifies my buyers and prepares and executes all the legal paperwork required to do financing deals.

Beside the rate risk on the ARM, I'm interested in the forum's exposure to these two loan structures and any risks or restrictions I should be prepared for.

May have to consider that, to be on par with competition.Operations:We are preparing for next year to do Contractor Incubator buildings up front.

Note: if you have a 6 bedroom house, prepare to have 5 roommates.

Consider working with your CPA remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.

Origination and the 2 months or so of interest before you re-fi will generally total 4% or so of your purchase price, not a bad deal for doing something with very little out of pocket.Understand there is some risk involved, be prepared to manage hands-on and fire people if they're dropping the ball.

Hey folks,I am preparing to purchase my first property and I'm looking at single family homes and renting out room(s).