What do you do with the profits from the company to avoid income taxes.

Quote from @Jim Bryant: This is why it's important to understand how the legal system works before investing in an area.

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment

Follow RobertNichols on IG (who also has a hard money company OnyxCapital, btw).

Get a damage restoration company involved.

The more you pay down the more you own the asset like buying stock in a company, BUT your property COULD go down in value!

I know this is hindsight but when ever you lend money you should get a Lenders title policy and give escrow instructions to the title company that your loan is to be in first position.

Everyone else is through tech, private equity, stocks, building operating companies, etc.At the end of the day, investing is investing.

That said, my main question is, can you recommend a good mortgage brokerage company that offers all the training points you outlined in your post?

Hello I'm looking for a good investor title company and/or real estate attorney in the Sarasota area if anyone can recommend someone they have used.