The value of cash in hand today vs cash in hand tomorrow is significant and you should account for that for both sides of the transaction for any deal that you make. sellers going to do their best to sell their asset for max price.

I do not accept cash app or zelle as those seem better suited for personal transactions than for something like rent payments.

You need to hire an agent in NJ that specializes in short sale transactions and has experience with this!

Most HOAs in this area don't allow short term rentals, only long term tenants. 3) Make sure you have a great team to guide the transaction so nothing gets missed!

Works for many agents but those are all miserable (in my opinion) and I don't do any of them.With you avg prices around $360k (and maybe 2.5% or so your side), you really only need to do about six transactions to hit your target.

This strategic flip leveraged our market expertise and efficient deal structuring to achieve a quick and profitable transaction.

While they are two separate transactions, this would essentially leave you with $3k of net taxable income. 

It would be hard if it was just your son as the IRS might doubt it’s an arms length transaction.

I think market auctions are better for newer investors because you're able to see the inside of the property and the property will be delivered vacant.If you win you will have to provide a deposit that is held in escrow until the transaction closes.

Instead, these funds were allegedly diverted to finance other real estate transactions and for personal use by Wettengel and co-defendant Tanya Muro.