The fact you bought down rates on your last mortgage has no affect on a new mortgage, even if it is from the same lender. 

The bottom-line requirements for wholesalers are:A buyer must disclose to a seller of their intention to wholesale the property;A buyer must disclose they are selling their equitable interest/contract rights (versus selling the property) in all marketing, advertisements and communications with other parties;" Hi Steve, I appreciate that information and will research those laws to see how they affect me and the way I'm doing what my mentor, who has over 30 years of experience in creative real estate, is teaching me. 

But the way you have arranged the owner financing, and build costs, followed by refinance…this is a repeatable model for you.  

Then you rinse and repeat this process. 

The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

Thanks for the detailed response, I wouldn't even think that things like soil could affect a budget by $10K. 

In most cases, affected taxpayers need to fill out and attach Schedule B to their tax return.

Its become that though, hyped up by millionares and billionares who can do things like control its price by buying and selling to themselves to affect the market.

@Adam Montelongo dude its worth repeating, "Congrats!"

Since they have been converted to 10 bedrooms each and have 10 renters in each home, I wonder how this may affect someone getting a fannie/freddi loan?