I built my business from the ground up, and over the years, I’ve worked with first-time investors, seasoned pros, and everyone in between.

Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Hey Brandon, Some would require some reserves, or at least to show cash to close on any new deal.Are you anticipating opening up a HELOC on your primary to get the cash needed to close? 

You do not need to set up an entity in a different state to wholesale.

Thinking of picking up my first property in western MA soon.

I am on the Neighborhood Building Owner's Alliance weekly calls, and we had this ADU issue come up.

Every investor, even the experienced ones, has that “Did I mess up?”

Look up Milwaukee real estate market on YouTube.  

If they want to donate it to a church, it's up to them to do so.Third, while I'm not an attorney, I would be careful about the possibility of this person later suing you for "not paying" them if you comply with their odd request.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece.