Got into this game because at the very young age of 35, my wife got diagnosed with Stage 4 lung cancer.

Dollar Shorting (Inflation).

ARe there any DSCR lenders that will close on a condo currently under structural renovations?   we need to close the loan before the structural renovations are completed. 

If you are going to jump into the REI game I would start with a 2-4 unit first and move up from there. 

The net profit or loss then flows through to your joint taxes via a Schedule K-1.Since you said your partner qualifies as a real estate professional and assuming they meet the participation rules, some of those losses may even offset your W-2 income, which can be a game-changer.

From a lender's perspective, you sound look like a very risky borrower.Hard Money is an short-term alternative to traditional bank loans and is more suited to rehabs and flips, but any lender is: 1) Going to underwrite the deal to make sure the numbers make sense, there is a clear upside, and plenty of wiggle room (and thus will expect you to come to them with a very clear picture of exactly what needs to be done, including a scope of work, detailed costs, and contingencies), and 2) Expect you to have skin in the game. 25% is pretty reasonable, actually.

Now it’s just about getting in the game.

It’s not usually a “cash flow day one” market unless you do some house-hacking or short-term rental strategy, but it compounds incredibly well over time.

Understanding your funding options can make or break a deal. Many investors lose opportunities simply because they don’t know what’s available outside traditional banks.

Mani: Hi,I have finally decided to start looking at getting into the long term rental game.