It never hurts to talk to agents, lenders or anyone else in the real estate realm, getting their insights and opinions never hurts.Keep analyzing different properties, you'll see (as you know) that Dallas is a large area and different prices in different areas, so see where you could potentially live and run numbers there.

Why borrow against an investment property at a higher rate than you can against your primary?

Hi Carlos,Within my 20 years of experience, one of my proudest wins recenlty was helping a client who couldn’t get approved for financing because their property had two ADUs (Accessory Dwelling Units).

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

Hi guys, I'm looking at buying my first multifamily in the US, I've found some nice new construction properties in the Independence Heights area of Houston Texas (around $500K).

Also, can any investors recommend a reputable property management firm? 

I'd keep an eye on ancillary properties that become available. 

You must have known the property was in arrears, so it becomes your duty to be in contact with the bank through the process.

Access to Cash Value: A properly structured permanent life insurance policy (like an IUL or whole life) can build cash value that you can borrow against for property acquisitions, renovations, or even as a safety net during market downturns. 2.

I'd say the biggest landmine to watch out for is our property taxes.