I'm looking to add a 4th property to my portfolio and possibly using seller financing for a portion or all of the financing.

It is not their property and I get they may not want a lot of people through, but is this one set of tenants or all three units? 

Thankfully, acceptance of rent constitutes a legally binding, oral, month to month lease.

The taxpayer may identify up to three replacement properties and may acquire one, two or all three of those. 3. 200% Rule.

@Marilin Matos you’re welcome to ask for any of the above stuff or all of it if you want.The seller will likely tell you to “pound sand”, in a polite manner.

Not sure why some reject the licensing route.So with Exp you are not permitted to be involved in wholesaling at any level including being a partner in an LLC that wholesales as a part or all of its business?

Typically you'd have to put up the amount required at the auction (for instance 10%) and from there a hard money lender can fund part or all of the rest of the purchase.

We'd like to use the equity of one, or all the properties to cover repair and carry costs incurred prior to leasing the properties and to finance additional properties.

Found this blog post (Impermanent Structures For Summer Vacation or all Year Rentals.) a while ago, I'm in the middle of buying my first property on 5 acres and I'd love to rent out all the units and live in an impermanent structure if the town allowed it.

$40k is rock bottom and will probably be inadequate if any infrastructure work needs to be done.