It should take me around 3-4 more months to save the additional funds.

Buyer may elect to treat this Contract as canceled, in which case all Earnest Money received hereunder will be returned to Buyer and Buyer may recover such damages as may be proper.

If we had hundreds of loans out, we’d have enough monthly income to aggregate the payments into additional loans—but we don’t.If you do this, your note will have to have a compounding clause in it, provided by your lending attorney.

I’d offer to hook you up with my PM’s realtor (monthly exclusive rights, not yearly.) but then you might ignore my advice as a repeat of the previous sales pitches you have and will receive on BP.

This is a great way to build experience and get some quality rental properties under you while keeping your liquidity up to go find additional properties.

Feel free to DM If you need any additional assistance.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

In the case of investors, they still require a 20% down payment, additionally there is a 2.25% funding fee because the REO was purchased under a VA loan. 

Meeting some people tonight there to create a scope of work and do some additional discovery.

In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.