The liquidity or funds for the purchase can be in your new entity or your personal bank acct.

Here's the details:ARV- $210- $220KRent: about $1,900/month3 beds/ 2 bathsNeeds: New roof, New HVAC, New fence, Minot touch ups inside like paint and cabinet touch ups.Rehab- About $40kI offered $140K and he countered with $190K.

In that time if you are netting $1,500/month - that is $54,000 worth of rental income you would make over the next 3 years.  

While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.  

Hi Kyle, welcome to the community!

As mentioned the taxpayer must remain the same.

This self claimed "Drug Addict to CEO" doesn't pass the sniff test in my opinion.

. :) Wishing you the best in your business. 

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

There are about 20 companies that do this and more or less take over as the primary lien holder in place of the taxing authority.