I would think that your broker would have some say in what you can and cannot do but I don't know the specific rules in your state.

Consult with a tax professional or accountant for precise guidance on your specific situation, as tax rules can be complex and may vary depending on your individual circumstances.

Generally any multi family purchases 5+ units is considered commercial, and although many lenders offer financing, the down payment requirements will be slightly higher..usually 25-35% depending on the number of doors.  

I cannot recommend much about the areas in Dallas, but i can definitely offer my expertise as Mortgage Loan Officer, Investor and Short Term Rental host.Feel free to reach out :)

What do you offer to a JV opportunity? 

Ultimately, I thought perhaps folks may have worked with a specific attorney that specializes in this sort of scenario, much like many of us share referrals for professionals that support the highly specialized needs of investors.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Ask your bank specifically for a "line of credit" against the house(s) you have.

Our offer was accepted yesterday, and our five day due diligence is supposed to start tomorrow.From what I have thoroughly studied on the comps, they do sell within a decent time frame and for much higher than the purchase price, although the majority of comps are slightly larger in sqft.

Don't get distracted with the whole project when working on a specific task. 3.