That sounds like a fantastic deal for them with doing very little work and not such a great deal for us specially when we have a group of 100 plus private money lenders who would be happy to lend to us at 8-10%.

I was able to produce emails, text messages, signed agreements, and I had an experienced attorney who specializes in real estate contracts.I've been this route before so I understand the process and the system.

And special assessments are always a risk, whether the fee is low or not.

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

Banks will give you 75% of gross projected rents to supplement your income.

Hi I am looking for recommendations on small local banks who specialize in mortgage loans in Texas.Any help would be much appreciated.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

A bit more about us: we run an event based videography company specializing in Ice Skating/Dance but are branching out into wedding and commercial work as well; I have been a career bartender for the past 8 years and I am a huge nerd about food/beverage/hospitality.

That's what I was thinking but if I completed the 1 year of owner occupancy, I would think that I would be free to obtain another one if I wanted to move, regardless of the reason but that must not be how it works even though I'm putting down 15% and not using a special loan program where I'm putting super low down payments such as 3.5% or 5%.

I'm interested in pursuing REI to supplement my income.