I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1.

Whenever I have used seller financing as a buyer I always put in the note that the note holder must give me the first right of refusal to purchase my note at the same discount they are selling it at.

I’m new to real estate investing and hope to purchase my first property within the next year.

The total value (purchase price + improvements) must meet or exceed the relinquished property’s value to defer all taxes.

🔍 Investor Insight Needed – Owner Finance Returns on 1st Lien Positions 🔍Hey BiggerPockets community,I'm looking to connect with investors who fund owner-financed purchases in a 1st lien position.

I have a very nice friend who wants to lend me money to purchase a property with no interest.Will I have to pay taxes on the private money loan?

Their view is that an arcade game is cool for 10 minutes, but a PS5 is something that they would enjoy for their entire stay. 

Because I had already purchased  the house building courses I got a nice  discount  on thw course I wanted. 

May not sound like a big deal but i tried to create the account under my biz and purchase a sub-to through the account, and lack of outbound wire was a killer for me.

Self-purchased and managed.