See IRS Publication 527, "Figuring the Basis" under "Basis of Property Changed to Rental Use" for more information:https://www.irs.gov/publications/p527#en_US_2023_publink1000... the loan on a property does not change its basis (the FMV or the amount originally paid for the property), although as previously stated, you may have deductible expenses related to obtaining the refinanced loan.Regards,Carter, EAPro Support"

I prefer using my s-corp for loan/deed purpose.

Yep, good luck with that right now... since they raised the min loan and min house value it cut off many of my exit strategies, and is a real challenge for attempting BRRRR in many of our Ohio cities. 

I was able to secure an introductory HELOC rate of 2.99% for the first 12 months in Jan 2023. 

They came in a 6.375%, no loan origination fee, etc. and said I can refinance at anytime with no prepayment penalties, seems almost too good to be true.

What's the best credit union in Atlanta to help with funding deals with a personal loan and build a long term relationship?

If your exit strategy is Long Term Rentals (LTR) eventually you will have to go to commercial loans to acquire your properties.

I’ve seen several of his rants to other tenants on security recordings around the building and it they have been awful.)

Still shocks me there are people on this earth that will allow someone to take over their loan payments that could impact their credit.

What is your ratio and timeframe, for the loan to be called?