Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.

Insurance agents, title or attorney reps, lender, and general contractor and property manager!

I want my involvement in managing my future properties to lessen, becoming more "passive".

Take Care,

We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)

Perfect for getting started.House Hacking: Continue the cycle—rent, refinance, buy another property—scaling up each time.

Hello all, newbie here with Pre approval letter and currently researching cities for investment properties. 

Other than perhaps property taxes, turnover is generally the biggest single operating expense you will endure as a buy-and-hold real estate investor.

I am with Lone Star Realty and Property Management.

Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still?