@Christie Gahan PMCs are often lumped in with used car salesmen:(In our opinion this is due to a lot of bait & switching and poor communication.No excuses, but much of this is caused by owners who are always looking for cheaper, but don't care enough about quality.It would be great if someday AI allows a PMC to track every minute their time is spent on a property and send that owner a bill based upon that time, just like lawyers do.

This was a competitive advantage for me which allowed me to jump into the Jacksonville market.A friend of mine in San Diego invests in Tulsa because his wife's family is from there. 

Seller financing allows what is called Installment Sale reporting for IRS purposes. 

This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.

From what I understand, you can deduct the entire premium as it is an expense to run the rental property.

I have done 2 successful flips and also have one 1 buy and hold.Now that I have a little skin in the game I’d like to ask my dad who is 62, with a 6 figure 401k to allow me to use $50,000 to invest in more real estate.

The easiest way to access equity in a property through a DSCR loan is going to be through a cash-out refinance, of which 80% LTV is available in California (down to 660 FICO).We also have the following prepayment penalties available on 30-year fixed terms:o  3-year prepay: +0.00% to base rateo  2-year prepay: +0.125% to base rateo  1-year prepay: +0.125% to base rateo  No prepay: +0.25% to base rateWhen it comes to 2nd position deals on purchases, there is a program I utilize that allows 90% combined LTV (CLTV).

Hello Taryn,Have you considered securing hard money for short-term use to complete the apartment scope of work and then refinance for a conventional loan either based on "As-Is" (pro forma market rents w/ no tenants in place) or "As-Stabilized" (fully rented) condition whichever the lender will allow?

My question is this: is it wise to put the full $200k into the initial purchase of our personal residence, which would allow us to qualify for a house that better fits our needs since only my wife has a guaranteed job at the moment, and then, after a year, pull that equity out to invest in a multi-unit? 

The lenders with the more flexible guidelines (allow a lower FICO, higher LTV, less seasoning, etc) tend to have higher rates than the lenders with more strict guidelines.