U may get one or two deals to swing your way but soon no one would trust you and eventually the offers could become non existent and then you are not representing sellers because all they are getting is your low ball offers.

Bigger pockets is loaded with basically all the information u need and many people to connect with + help you

We live in Oklahoma and file a joint return.How do we set this up to avoid paying self employment tax on the rental llc return?

@ daria b thank u for the info i highly appreciated

For example if I'm doing a gut rehab and I'm taking measurements for a bedroom I would like to know how much insulation, sheetrock, joint compound, trim, baseboard, paint, etc I should buy.  

also you want to in most instances have your title company run date down title before you accept one.. if there are leins and judgements your taking title sub too those when your record your dil.sometimes when U look at the current state of the title you will determine you need to do the full foreclsoure to extinguish juniors who are now latched on to your title.

Does anyone know or have a template for joint venture contracts specifically tailored to co-wholesaling?

Another suggestion made to us is that if we (husband and wife) in joint tenancy own the membership interest of the LLC (instead as 2 individual), would the LLC be considered a single member LLC and thus become a disregarded entity? 

Hello everyone I am also new and was wanting to know if I could get a mortgage loan with a credit score in the upper 500s I'm self-employed first time buyer does anyone  know if I would qualify I would rather do L/O than wholesales the wholesaling thing u need to know people u can sell to quick or if u know how long it takes to build a score thank you 

So if you factor that into the equation (plus the interest u pay on the mortgage and the hit to your cashflow from monthly payments) and the HELOC jumps to 7-10%, which way do you come out ahead?