Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

Hi all I am new to real estate and just bought my first property last year.

It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

You might consider: Consulting a Real Estate Attorney – Your emails may possibly prove misrepresentation.Requesting Public Records – A FOIA request might reveal why the city denied you but later approved the duplex.Escalating to City Officials – Bringing this to local officials could expose inconsistencies.Exploring Tax Write-Offs – A CPA might help offset your financial loss, if it is possible.I’d definitely seek legal advice.

I swapped from CapitalOne to Baselane about 6 months ago and it's been highly beneficial to my little real estate biz.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $174,000

Cash invested: $16,000

Bought a single-family home in spring of 2021. Rented it out for three years before...

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

Additionally, in the past six months, I’ve reviewed about 45 multifamily properties (ranging from 10 to 80 units) for my real estate private equity firm.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

There’s no real way to create phantom losses without running into issues with the IRS, and you could end up losing important tax benefits.