Since it’s your primary residence, you also get access to one of the greatest wealth-building tools ever created: a 30 year, fixed low interest, low downpayment mortgage.

Here are some additional details and common questions related to historic tax credits:Certified Historic Structure: To qualify for the historic tax credits, the building in question must be classified as a "certified historic structure."

Furnished Finder Expected Rental Income: $750-$850/mo PER ROOMWhat I Learned: - Serious investors will write on a deal that fits their buy-box- Knowing your buy-box will create an easy decision making matrix for you to move quickly on deal that work- Have your "ducks in a row" so when you find a deal that works, you can perform - Be someone who performs in contract - barring glaring issues with properties - if you write on a deal AND close, you are more likely to be presented with future deals FIRST because you take action - Be someone who other people and other agents ENJOY working with.

- Serious investors will write on a deal that fits their buy-box- Knowing your buy-box will create an easy decision making matrix for you to move quickly on deal that work- Have your "ducks in a row" so when you find a deal that works, you can perform - Be someone who performs in contract.

*This post does not create a CPA-client relationship.

If you're interested, let me know and I can send you the details.  

Click here to read latest BP Article on this topic@Spencer Gray Fannie and Freddit are now not allowing any STRs or AirBNB-type units on multifamily assets - see article link above for details@Ben Leybovich Beware...check your loan docs.

This is not the first time she has let details slip through.

However, multifamily properties may offer more considerable long-term rewards if you're ready to take on the challenges of maintaining numerous units and are interested in gradually creating a larger revenue stream.The optimal decision ultimately comes down to your own investment objectives, risk tolerance, managerial skills, and the particular market dynamics of the regions you're thinking about.

One caveat: doing this created a situation where it was difficult to get loans because one of our LLCs is a "checkbook IRA"- seems the nonrecourse lenders mostly don't like having a non-IRA partner involved.