![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097516/small_1723410791-avatar-luish136.jpg?twic=v1/output=image&v=2)
20 August 2024 | 45 replies
The easiest way is to Be prepared to lose the money you put in to the deal, and screw over the seller’s credit, or pay off the loan in full.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3086004/small_1722031137-avatar-michaelt1287.jpg?twic=v1/output=image&v=2)
20 August 2024 | 14 replies
Some years ago, the IRS compliance chief speaking at a CPA conference told us explicitly: we will impose preparer penalties if you guys take an incorrect position based on OUR incorrect publications, because you should know better.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3083651/small_1721792848-avatar-natashar60.jpg?twic=v1/output=image&v=2)
20 August 2024 | 4 replies
., so make sure you're familiar with those to avoid any issues.It sounds like you're on the right path, and with the proper guidance, you'll be well-prepared to make your first purchase.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097516/small_1723410791-avatar-luish136.jpg?twic=v1/output=image&v=2)
19 August 2024 | 15 replies
I am not expecting things to work out as you implied but prepare a good exit plan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2578431/small_1695060357-avatar-titusm11.jpg?twic=v1/output=image&v=2)
19 August 2024 | 16 replies
Compliance and RegulationsAlthough it takes careful preparation and research, investing in the US from Canada may be a lucrative endeavor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/227848/small_1657983819-avatar-newnina.jpg?twic=v1/output=image&v=2)
18 August 2024 | 2 replies
Construction debt is expensive right now, but with the Fed (most likely) preparing to cut rates, the cost of construction debt appears to be on its way down in the coming months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
18 August 2024 | 3 replies
See my comments on a similar thread I just opened, regarding how to prepare for a heloc https://www.biggerpockets.com/forums/311/topics/1202305-helo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1989492/small_1695509663-avatar-jessicae76.jpg?twic=v1/output=image&v=2)
19 August 2024 | 18 replies
Start small and work your way up.Be prepared to put down 30/40% of the purchase price right now to have them break even and/or cash flow a bit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093859/small_1722955787-avatar-eliranm6.jpg?twic=v1/output=image&v=2)
19 August 2024 | 11 replies
Your mindset and preparation are off.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1360795/small_1621511627-avatar-tccummings.jpg?twic=v1/output=image&v=2)
23 August 2024 | 181 replies
Honestly, I just was not prepared to ingest 127 pieces of content just to send texts lol (Kinda overkill in my opinion).