In the Everett area market, this is one of the cheapest deals to get into a home, however when I ran the numbers for a house hack, they look awful. My goal would be to house hack and live in the property master bedroo...

Definitely challenge it and review it with your agent and lender to see if the comps they used were valid.

Need to review shareholder agreement and you need to have shareholders basis schedules prepared if not done yet.

I am having the bank send me pdfs of the funding docs so that I may review via google hangouts simultaneously with the client while the client is physically there signing.

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I would highly recommend talking with a qualified tax professional to create a tax strategy and plan for your “friends” business, it would take time to review all of the options that you have available.

I submitted last Friday and this past Thursday I got a notice that it is under review.

Review their management agreement.

I’ve found tons of material out there and have tried to learn as much as I can from lots of different literature and podcasts.

I am looking for a little more than just a calculation review though.