A4: If you pay as “friends and family” – then yes, need 1099s.Q5: I only need to send 1099s to people, not to LLCs, right?

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

* Is this a single-family property or a duplex?

@Jonathan Small government actions have led to an unprecedented 40% increase in the money supply, 50-year record inflation, record increase in interest rates, bank failures, credit tightening, CRE recession, housing affordability issues, mobility issues, inventory issues, and massive impacts to the world economies, every investment class, and our families, kids, and friends like never before. 

I have family in Kansas City, MO area so I thought that would be a good place to start since I could visit properties while visiting family.

My family has been active in the Las Vegas real estate market since 1989 working mainly in single family rentals. 

Small investor, looking to purchase one to two single family homes per year over the next 7-10 years? 

Investment Info:Single-family residence fix & flip investment.

Quote from @Zach Howard: Quote from @Jonathan Greene: If you are looking at properties in the US only on Zillow, and not seeing them in person (I know you are in Hong Kong), this is just an effort in futility because you can't underwrite single-family or small multifamily deals only online.

Investment Info:Single-family residence other investment.