@Cameron NordinA cost segregation study accelerates depreciation by classifying certain building components as personal property or land improvements, allowing them to be depreciated over shorter recovery periods (e.g., 5, 7, or 15 years instead of 27.5 or 39 years).By accelerating depreciation, cost segregation lowers your tax basis more quickly than standard straight-line depreciation.

Since he did much of the work himself with his own excavator and dump truck, the development cost was far lower than normal.When we met, he said he had lots of interest in the property and wanted an informal offer as soon as possible.

You’ve already got mortgage and taxes in mind, but here’s a quick framework I personally use to ensure no costs are missed:1.)

On the other hand, we also have a dedicated person who removes negative, unfair reviews.

Purchase price: $770,000 Cash invested: $80,000 I own a two-family home in Westchester, NY, that’s a solid rental property.

Quote from @Jinglei Shen: Seller is a real estate agent, based in Ohio, he owns an LLC to flip house and invest in RE, this property is owned by this LLC. 

Looking for recommendations from people who have personally used a specific lender and had good experience.

I am confused now but will sit down and write my alternatives. seems like worth a try on my own before throwing money at services like Deal sauce or prop Stream (sponsored by BP)thanks, Bottom line.

I then started my own virtual family office focused on helping real estate investors.  

I live and work and own 2 apartments in Bellingham.