At Poulos Accounting & Consulting, Inc., our team brings more than 25 years of real estate and lending experience to help you with residential or commercial real estate acquisitions. Whether it’s mortgage lending, property valuations or and real estate investing, we help our clients make informed and strategic real estate investments and decisions.

There is nothing worse than beginning your real estate acquisition process to purchase your first home or an investment property and getting deep into the weeds, only to discover that you aren’t qualified or prepared for the investment. But, don’t worry! Andrew and Demetri Poulos have your back.

Andrew brings years of experience and can consult with you prior to starting the process, discussing the credit score you need, down payment options, financial documentation lenders require, and how to find a home or investment property that meets your requirements. Having appraised 1,400 residential properties with an excess of $168 million in valuation, Demetri has extensive experience with real estate valuations, making sure you don’t overpay for your investment.

Banks and mortgage lenders have different requirements for W-2 wage earners versus self-employed individuals. It’s not as simple as you might think, and being prepared before you start the process is vital for having a successful experience.

While real estate investing is a great way to build wealth and provide for your family’s retirement, it can also lead to financial challenges if you don’t make the right real estate investment. Rushing to purchase a home that you fall in love with as a first-time home buyer doesn’t end well if you happen overbuy and become house poor. Making such a big purchase is not a short-term investment, so you need to make sure that you can truly afford the loan. Affording the monthly loan payment on paper doesn’t tell the entire story, and can sometimes lead to chaos. Lenders will always provide you the max loan that you can qualify for; however, that doesn’t necessarily mean you can afford that as a long-term investment. Remember, if you can’t pay, the lender will foreclose, which will not only ruin your credit and your opportunity to purchase another home, but also cause you to lose your money.

If you are interested in purchasing an investment property either as a first-time investor or to expand your real estate portfolio, you should consult with our team who can help you make a good investment and make your money work for you. There is so much to consider when purchasing a property to rent, such as your rental rates, expenses, daily management duties, tenant placement, and how to improve cash flow and earn monthly residual income.

The Tax Cuts & Jobs Act legislation created IRC 1400-Z, Qualified Opportunity Zone Funds, providing investors the opportunity to invest capital gains proceeds in Opportunity Zone Funds and defer capital gains taxes for up to seven years and receive a step-up basis on the appreciation of the new investment.

As experts in real estate and taxation, Poulos Accounting & Consulting, Inc., ensures that you achieve your goals and are successful with your real estate venture, whether you are a first-time homebuyer, new investor or seasoned real estate investor seeking to expand your portfolio.

Call us today at (888) 9-POULOS for your real estate consultation. Let our team guide you through the process to ensure that your real estate investment is a success.