If a foreign investor is in the U.S. frequently or for extended periods, they could meet the criteria for this test and potentially face U.S. taxation on their worldwide income.

@Chris G. any contract can be modified if all parties agree and sign it.Otherwise, your contract should have a renewal period or notice period with which either party can cancel.

You could read 100 books and still need to learn more because certain things must be learned through trial and error.

Ive run out of time on the trial period of 3 months with PM.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

Then put an offer at asking to tie it up for a feasibility period.

Market Considerations: Given the 12-14 month holding period, how much does your target IRR change in a fluctuating market (either rising or declining)?

LOTS of trial and error.

If listing a property, FHA buyers may be ineligible until the 90-day period has passed.

Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.