There are certainly some things to learn along the way, but you'll figure it out as you go just like we all do.There are plenty of folks here that would be happy to help for free - including me.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

Google the term UBIT.Tom Wheelwright has a chapter on why you don't want to do this in his book Tax Free Wealth.

Here's my free resource; https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...

Shayan,Best option to avoid issues and stay risk free along with having a better approval chance would be to go with a Cash out refinance.

Of course, he is free to come here and prove me wrong.

.: I think you meant to type was… Thanks @Jeff S.for your free professional advice.

With a fideicomiso, the first $200k is tax-free when you sell.2.

Hi Michael, we're a national lender, so if you need financing in either locale, feel free to reach out!

Start with BiggerPockets Ultimate Beginners Guide (free).