The average loan officer is in his 50's, so being younger can be a huge advantage.2.

Talk to escrow officers or underwriters about lien position (Might want to know the difference between a junior and a senior lien is).

A good Loan Officer or Broker with experience on multiple property scenarios will be able to get this all handled for you.

I consider that my premium in building a relationship with the local loan officer for a more favorable deal in the future, because I know I will be doing A LOT of deals.

There are categories in RE Investing: Industrial, Office, Retail, MultiFamily, SFR, Hospitality.

Every informative post by an escrow officer or Realtor or LO or accountant on this discussion form is in part being helpful, and in part lead gen.

While I have kept good records and receipts, I am having a difficult time figuring out what items I'm able to immediately write off as "supplies" and which need to be depreciated.Where I'm running into difficulty is things like second-hand furniture...

While I have kept good records and receipts, I am having a difficult time figuring out what items I'm able to immediately write off as "supplies" and which need to be depreciated.Where I'm running into difficulty is things like second-hand furniture...

Hell, most of the 'team' I worked with - broker, GC, loan officer, etc. - I have literally never met in person.

The property was being sold through an agent and was purchased by a wholesaler out of probate.When I did my due diligence, the zoning office informed me the property was zoned SFR and had no license to be a duplex.