There will be more competition when they inevitably come closer to 5%, so acquiring properties with assumably negotiable prices could be a massive hidden gem for you though the APR sounds scary!

If what you refer to is "pier & post" (instead of poured concrete) foundation, it is easy to see if there is anything to worry about.

With properties, you can live in them for 2 of the past 5 years and waive a massive amount of capital gains taxes on the sale via Section 121. 

Type of property: 1 professionally built, RV certified tiny house + 1 custom built non-RV certified tiny house + 3500 square foot plot of landLocation of property: Fairplay, CO: Link to viewPurpose of financing: Refinance existing loans + purchase, rehab (if needed) & develop land (simple tree removal + concrete work) for 2nd tiny houseType of financing sought: Private loans.

Hello Biggerpockets,I’m a moderately experienced and networked real estate investor looking to start exploring the wholesaling niche here in LA.Looking for a gut check of my strategy, and to speak with anyone pursuing similar niches here in LA or other highly competitive markets.Context and backgroundMy first deal was a massive live-in flip.

I'm an inspired real estate investor and Sr. Mortgage Broker with Barrett Financial. My passion is real estate, and my vision is to be a full-blown Real Estate entrepreneur. I'm located in the good old hot deserts of ...

Hence any "deduction" in massive air quotes is not available.

Yes, 204 of those massive blades.

Another concern is the massive personal mortgage my father obtained in 2021.

With this type of structure, as soon as you are done with the work completed, you submit the budget for the purpose of rationalizing the massive increase in value in a short period of time rather than leveraging it in an LTC calculation that will cap your cash out proceeds.