Purchase price: $405,000 Cash invested: $14,175 Purchase in 2020 for my second house hack!

Down payments are still standard for FHA or conventional (3.5% of the total cost, purchase+construction) and rates are on par with standard FHA rates. 

HARD MONEY QUESTION:I'm looking at purchasing a townhouse in Houston.

Looking to purchase my first property in the next month or so and with a goal of having 5 properties by the end of the year.  

Provided I am to report the Airbnb activity on Schedule C, can I use the net loss (from painting, decorating, repairs, purchase of washer, dryer, furniture, bedding, linens, towels, etc) for 2019 on this activity against other active income such as W-2 income?

I'm trying to purchase my first investment property and I'm doing it step by step for I am new and it's easy to get lost in the process.

Hey All,Interested in purchasing a duplex here in OKC as my first investment property.

Consider seeking pre-approval for financing to know your purchasing power.

For me things have been well I purchased my first long term rental a year ago and house hacked it with AirBnb over the year.

I am planning on selling the property i own with my LLC and doing a 1031 to purchase another property.