There is no way to prevent an IRS audit from happening, despite the hyped-up claims of some tax firms.

The buyer does not need to use that particular lender, they are simply trying to protect their clients interests the best they can.Go back to your lender and get the pre-approval letter, else your offer will likely not be accepted.

Turns out that rates can go up and mess up people's investments.

First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.

This is truly a fantastic place to connect, learn, and continue growing your real estate knowledge and network.Keep up the momentum, and feel free to reach out if you ever want to share more about your journey or need advice.

The total invoice came up to be 390$ actually.

Hey what's up Andrew, have you found a brokerage to call "home?"

Connect with local REI groups and meet-ups.

However, if the home is inherited, the beneficiaries typically receive a step-up in basis, which can minimize capital gains tax when the property is eventually sold.

I have tried multiple times to get a response, all the way up to the VP!