An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Hello,I have an applicant for my rental property that has a great credit score, but for the last 4 months I see a pattern of 5-10 enquiries per month  in their credit score.

Cost overruns are very typical with first-time flips, and I would strongly suggest any real estate investors, especially new ones, have access to additional funds if they find themselves going over their budget. 

2nd mortgage 30 year fixed 2nd mortgage are more common to get than a line of credit 

They will be removed from your credit and you start all over again from property one.

Make sure your representative feels at ease utilizing technology for correspondence, sharing real estate listings, leading virtual tours, and remotely managing paperwork for signature.create a local team that includes an experienced real estate attorney, accountant, and insurance agent in the Houston region, in addition to a real estate agent and property manager.

Also, would their credit score matter in that case?

FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property.I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan. 

Meaning refinancing or gettling a line of credit on a free and clear property?

FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property.I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan.