Originally posted by Account Closed:Hey BP - looking to purchase another investment property AND want to purchase an owner-occupied house hack in 2019. 

But if they absolutely require proof of funds, send a copy of your retirement account statement with all pertinent info redacted and when you submit the offer tell the agent how much you are taking out.

. ,  the property is in Houston TX, but we did not accept the payment; they just deposited the rent into our account.

I don’t use it for accounting I just have the money go into my checking account and then I do all my actual accounting in quick books.

First, I buy my materials at Lowe’s for example on my pro account, I then pay for it with my cc 30 days later, and then pay my cc off in 30 days.

The contractor will do the work and when the house is sold we shall split the profit.This is high level based on my thoughts, i am looking for experts here to give me tips; financial (how to calculate splitting the profit), legal, accounting, project management etc.

What are some best strategic marketing ideas have you seen that will target specifically into gaining "Bigger Multifamily" (40+ units) accounts for a management company? 

Our thought is to buy the property cash and then get a loan from a bank to put our initial investment back in our account.

If so, the additional accounting cost per LLC can be very, very low provided that you are doing the basic bookkeeping yourself and passing off to a CPA at tax time.

Be sure to tell your accountant that you now need to file non-resident income tax returns in each state where you own property as well.