If you don't do notes on a regular basis it is nice to have this as a reference to refer to to when you do get involved with a note.I don't get any commission on recommending this book.

It might even cause you to to sell the property to a developer rather than take on the work for an update.John Corey

One thing that became crystal clear is that once you got a hot deal, everything else will work itself out, title company, contract, ARV, all of it.Also i would say have a strong motivation for why you want to wholesale....use whatever is your motivation and it will force to to bulldoze through obstacles, i was just plain SICK of what i was(still am) doing everyday.

It works just fine but you do need to allow a few extra days for docs to to come back.

Steps to to get to the seller b4 they even get on the tax list ?

If you have more than $100k in capital gains I would sell because they will be tax free today but taxable in 3 years if you change to to a rental.

In Depth;Scenario 1:You or your family have an LLC named FLLC with $X cash reservesYou place an offer on a property and purchase it via loan / note written from the FLLC(lets say 15% down);You then immediately go for a regular refinance and are able to to get down to a 15% down conventional as a primary residence or a 20% down investment propertyScenario 2: You or your family have $X in cash reserves You place an offer on a property and purchase it via cashYou then refinance immediately via delayed financing exemption (this may cost you higher interest rates because not all banks know about this or are willing to do it and this is a cash out refi which is a different product than a regular rate and term refi, again more points higher cost)You can only refi up to the cost of the purchase price + renovations cost OR appraisal price - whichever is lowerYou can see the clear powerful advantages of scenario 1 here if you purchase a property below ARV- my only concern is;- In scenario 1, banks will need your statements and will pull your credit, they will easily see that your HELOC or cash reserves or whatever were transferred to your LLC account and thereby be able to identify that the LLC funding you is yours.

:)-I have 100's of screen recordings with golden pieces of advice that I'm plan to to organize at some point in the near future-I send all of my friends, loved ones, or anyone in need, these video recordings.

It sold for $25,500 and I was only willing to to pay $17k for it.

Smartmove sounds like an awesome resource and I will definitely look into it but for now, to do a credit and background check do you look for companies that do specifically that or is there a financial or government building that you go to to have these done?