Great advice, great threads.I just wanted to keep up to date on my activities with my current local "mentor".I drove some neighborhoods where there we found some potential flip properties, and one of the properties I researched has an accepted offer, and have a few investors in line to buy as wholesale.Kind of a little twist, we may be helping the investor with organizing the construction, so I may be required to be on-site during the rehab.The local investor I work with is also a 25 year + contractor in the area, and manages all the rehabs on his flips.

Scribbling something on a napkin or twisting existing agreements you had with full-blown investors into new JVs is fraught with risk.

But I have a special twist to this and might be more of an accounting issue:Let's assume the tenant is really responsible for the stains and let's also assume the stains are not considered normal wear and tear, so deductible.Mr.

Similar to what you are talking about with a different twist since he was not building directly above their property.

There are many wanna be companies like this, all with the same gameplan but little twists.

He would gently place the watermelons in a stack on the truck.

The problem with what Joseph mentioned as "problems with gurus" is the twists and turns that most employ as a marketing niche making a very simple concept more involved as a program or a product.

If you add twists and turns, it becomes guruized.

They can bog down a deal on any house, I can only imagine on THREE)For those of you wondering and more to the point of the forum TOPIC: Financing a Fourplex Multifamily Property using FHA - A Few TwistsHere's my twist: You cannot get FHA financing on a 4 unit deeded with a separate PARCEL of land unless it is contiguous (adjacent or attached to the original parcel.)

1) If you refinanced and told the lender you were going to occupy it as your primary residence, and you aren't really going to occupy it (for the long term, not just for 6 weeks), then it's owner occupancy fraud.2) With respect to renting different rooms to different people, here's a twist you should consider: What about insurance?