I also still have 60% of my line available, along with current savings to do another deal.With respect to paying off the seller note, I have been working with a number of people discussing private lending.

The promise of accelerated depreciation and immediate tax savings is attractive.

I do a lot of private lending and we do make some passive interest, but the good fixing flippers make the bulk of the money.

I’d recommend saving that $295 cash flow for some amount of time until you have considerable cash reserves saved up.

Keep saving money. 

Not sure how much money % I can save if I do it myself too? 

Could these waits be mitigated by going the hard/private money route?

Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"

I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.

Seller financing, private money, and subject-to deals can open up opportunities that others might pass on.🔹 Maximizing Value – A distressed property isn’t just about fixing what’s broken; it’s about repositioning it for the best possible return.