The rate and points will also be highly sensitive to the LTV, credit score, DSC ratio, loan purpose, loan size, and property type. 

Far too often, investors pay for tax segregation studies without understanding the implications of depreciation recapture, purchase properties based on unverified assumptions shared by their realtor, accept the loan terms without proposing alternative loan structures that offer the lender equally safe collateral, form entities without understanding their purpose, secure the incorrect or unnecessary insurance, or spend unnecessarily on improvements and inefficient construction practices. 

What matters is whether the property qualifies as a rental activity for tax purposes and whether you’ve done a cost segregation study to break out components with shorter useful lives (like appliances, flooring, and fixtures).

@Trevor Brouelette from the private lender’s side: I can only lend money to LLC’s for business purposes.

I've helped several BP members acquire properties for the purpose of renting out on a short-term basis in the Joshua Tree area.First thing to know is info on the current regulation landscape.

They should separate it into property qualifying as "real property" for 1031 purposes (cabinetry, countertops, wiring etc) and property that does not (furniture, curtains, pictures, TVs etc ).

Having that net worth : salary is nice so no complaints there - but if you are noting for investing purposes - Honestly today I feel it's over rated as the government has made it easier to invest in real estate through crowdfunding and reg a offerings. 

When owning real estate for investment purposes, it’s essential to have reserves for replacement, but it doesn’t necessarily need to be held in a traditional savings account.

I have already seen people trying to dump their purpose built rentals prior to completion.

I know there are investors out there that need to buy prior to the end of the year for tax purposes but wondering if the right buyer for this property will be an investor or an end-user.