I don't want to have to refinance due to a very low interest rate on this property.Are there other suggestions if quit claim deeding this isn't an option? 

Is one option clearly better for any reason?

Additionally, inquire specifically about Non-QM loan options and whether they have experience assisting self-employed individuals in situations similar to yours.Remember to carefully review the terms, interest rates, and fees associated with any loan offer to ensure it aligns with your financial goals and investment strategy.

Hi Alex, Well if the numbers you share are in your favor and you can manage get 90% of the LTV from your home then Heloc would be a great option.

Do i have to actively manage a property to use a bonus depreciation tax write off? 

After an appraisal, I have the option to put down 14% instead of 20%.

I have been binge listening and watching everything bigger pockets for the last three months and have decided 2024 was the year I'd make the plunge into real estate.  I've started networking with people I honestly bel...

A no income no doc DSCR (debt service coverage ratio) would be a great option for you .

Is finding a bank to loan me, the only option? 

The intent of my post was to share this idea with those interested as an option to consider.