Or, is this a building with multiple units?

It seems like you’re positioning yourself perfectly for that with the 50% rule, 750-hour test, and material participation.When it comes to underwriting multifamily deals, just keep in mind that depreciation is not considered part of operating expenses, but mortgage interest is.

I’m not familiar with that particular market but I generally recommend to do your research and run your numbers across multiple scenarios to see if the property still works and to have some back up/exit strategies mapped out before going into any deal. 

After training we are considering allowing these wholesalers into a private group with the top 50 investors who have bought multiple deals from.

Hello,
I am new to this whole landlording world and am looking for an answer to an idea I had. I wish to stay in my local city. I am considering buying a house in another state that is cheaper than my market to rent ...

If you go on to do multiples at a time, consider series LLCs for liability protection. 

Once you get multiple under your belt, it becomes a lot easier to do this type of creative financing.Just keep in mind, private money loans can come with higher interest rates, so you’ll want to ensure the margins on your flip are high enough to cover those costs while still leaving room for profit.If you’ve got any more questions, feel free to reach out—happy to help where I can!

People who used to be responsible for only 40 units in one market were informed overnight that they're now responsible for over 300 units spread across multiple cities - and all for the same pay they were making before.

Review Multiple Liens: Look for any unsatisfied liens or additional encumbrances.9.

Hello friends,I found a seller financed listing where the seller is asking for a significant premium on multiple homes, but they are open to low interest rates and 40 year terms.