If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!

There is a difference between newbies trying to do creative financing deals and actually doing them.

I’ve read quite a few posts about foreign investor financing but most seem to deal with non-citizen investors without US credit or personal tax filings.

These included cash buys for flips, seller financing, and subject-to deals.

Traditional MLS How did you finance this deal?

Bought for $275k, seller finance, renovated $135k.

We purchased the house about 3 months ago and are owner financing it.

Lots of misconceptions about LLC's when it comes to financing real estate.

I have not done it myself, but have helped some people with financing.