Mortgage rates have increased in recent weeks, in the midst of the spring home buying season, as the economy has shown signs of improvement.

The best thing you can do is work to improve that score.

The $18K rehab costs would be added to basis for depreciation, assuming you did the improvements before you rented the property.

And where it further improves is the investor is getting in pre-value add, or pre ARV, so they get to share in the forced appreciation and, therefore, the upside.

Here is a link to a website that showcases a few of the improvements to our first investment property, A buy and hold we purchased back in late 2020 using our VA home loan.

Ridgeview was acquired from 'mom & pop' owners and will go through an awesome value-add strategy by renovating the interior units, adding amenities, billing back utilities to tenants, and implementing a professional property management company to improve inefficiencies.

Also, timing those improvements can be very advantageous to you for tax benefits and additional cash-flow.

If you’ve significantly improved the property and have a lease in place you’ll likely have luck finding a lender who’ll do a 75-80% LTV cash-out note.

Boiler or forced air furnaces,If boiler is piping wrapped in asbestos 3.

Get a solid track record of generating leads YOURSELF till you know through and through how, and why it worksThen test, scale tweak improve it.Now you know your system is solid, you turn it into a system by writing EVERY step of the procedure on paper and test it againNow you can hire an employee and have them do that task, Teach them, make them understand the hows and whys and supervise them, alwaysThis is what you need to do.