Hi All, I am very new to the Real Estate investing game and haven't pulled the trigger on any properties yet.

This makes a strong partnership agreement critical to protect your interests.Legal and Tax Implications: Consult with a real estate attorney to formalize your agreement and ensure compliance with local laws.4.

That will dramatically change the nature of the wholesaling business with the legal compliance factor that agents need to comply with.

Consider hybrid strategies, such as mid-term rentals, to bypass stricter STR rules.Engage a local real estate attorney or consultant to identify flexible markets and ensure compliance.

Talk to lender to find out how to transfer assets without triggering due on sale clause.Did I get all that right?

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.

So I am hoping to pull the trigger on a fix and flip in the coming month or two so I can finally go from 0-1!

Good luck I had a call with a FINRA compliance consultant today and discussed the sponsor exemption.

What it will help you do is set a very high and above market GP compensation structure for deals by inflating the expenses to give the appearance of not being able to hit those numbers, only to close and reveal much better actual performance, triggering your promotes.