Look for lenders with competitive interest rates, favorable terms, and a good reputation for customer service.

What rate is passive income taxed at?

If you have a mortgage on those properties, you will likely need to refinance these to avoid triggering a "due on sale clause" when you move these into an LLC with conventional loans.

It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions, like:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management Companies”

@Jay DhanakI would recommend using this website to find out areas you are interested. https://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FSecondly, I would recommend connecting with an investor friendly real estate agent.

I use Cit Bank 5% APYhttps://www.cit.com/cit-bank/resources/products-and-rates

Colorado is a great place to house hack as you can get ridiculous rates for single room rentals.

🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes) 📊:🏡 Mortgage Rates:30-year conventional rate today is 7.25%30-year VA rate today is 6.65% 💰 Median Sales Price:February: $460,000March: $475,000April: $476,000📈 New Listings:February: 1,669March: 1,845April: 1,914📅 Median Days on Market Until Sale:February: 21March: 16April: 13Some fun facts!

Please tell us more about the financing you have lined up - is it a traditional mortgage, DSR loan, HELOC...Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location(s) to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

So they cut the values in half and then raised the tax rate 90%.