Do you have one formed or would you be willing to create one?

IF Tom has time he can explain in detail :)

We tore down a wall to create an open floor concept.

That way you can expand your portfolio while also creating two new cash flowing assets with the condo and the SFH if that's possible.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

I was in Nudges offices a few years back when they were looking for someone to help them out of the Detroit mess that they created.. these guys had a monster machine .

.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Or, else you need to create some paperwork saying as the members of the LLC this is "okay."

The larger multifamily properties can create great cash-flow but you can also make costly mistakes.As for the difference in loans, I can send you a list of lenders in Ohio.

From a residential appraisal, I have not been able to create an ARV because of the lack of comps.