I have a friend who purchased a distressed property with cash and is looking for a hard money loan to complete the rehab. 

After rehab is complete, you can work with a lender to do a cash out refinance and get into a conventional loan where the interest rate will be lower.

Purchase price: $39,900 Cash invested: $20,000 3 bedroom 1 bath sfr What made you interested in investing in this type of deal?

The special allocations must have "substantial economic effect" (essentially meaning that cash flow to that partner could be impacted somewhere down the line by the allocation) When you start getting into partnership tax law and special allocations it is probably a good time to loop in an attorney and/or tax pro.

My first rental, and I will have a very small cash flow (Thanks to high rates and high prices, but I took the plunge and decided to get into it anyways to build long run wealth).

We have around $300k in principal left, and I was thinking about a cash out refinance. 

It also has the potential to be a B quadrant business and I quadrant investment (for those of you who know the cash flow quadrant).It's great to get training but make sure you trust the source.

I have a friend who is an airline stewardess, they rent the house and  share a bunk room.Obviously you need to be somewhere close to an airport. that said, You can find sfh that have great cash flow without the headache of sharing rooms.

But if we have to invest around 500k SF in Milwaukee, the dilemma is that that's the starting condo 2/1 price too in bay area ; also in Hawaii I could have cash-flowing 2/1 STR.In summary the dilemma right now is:1. if we continue invest in highest CF in OOS, the replacement cost is 3 times the FMV.

For a lot of fixer upper homes, my offer, using an renovation loan, often loses out to lower offer cash buyers.