If you had a side hustle lets say with an LLC (has its own bank account, expenses, income, etc) You could most defiantly write it off under "education expenses" 

So YOUR investment of $200,000 is now worth $1 million after 15 years, AND you own an income producing property that is completely paid for!  

I had to put myself under Electrical once they notified me of no longer being in business.Because of that, and because it took a year to get a response from them, I have had my house sitting vacant, not generating income, and I want to sell it to buy something closer to my house.

Section 8 is a government program that allows you to rent properties to lower-income residents in the Section 8 program. 

One of the reasons for this is the ability to generate passive income.

For my calculations I take 15% of my potential gross income (PGI).

Increase your income, reduce your expenses, save consistently until you build up enough to invest.

Keeping the house WITHOUT a mortgage is $10K more in income per year.2.

If you're a doctor, chances are you're already an accredited investor based on your income, rather than your net worth when you're starting out.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans.