If you want this to be your business, having access to the most capital at the cheapest rate is a necessity.

In their mind, they just need some local knowledge and access to off-market properties.

I agree with Afra at that price point it's best to start with flips that have $15K - $30K rehab budget to gain some experience and get a good team in place and then work your way up to larger rehabs with higher ARVs!

They don't care about the cash-flow, The write-off's are profitable and there looking at the out-sized equitable gains. 

I'll update you on it all, as I gain more clarity and do some deals. 

Often, those companies have access to like-kind inventory as well that can assist when you get to the identification phase.

While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.

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NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.

The account fees are minimal compared to the potential gain with most syndication offerings.