Appraisals, Lenders and Rates : Beyond the transactions that were literally in process (sales, listings, leases, seller carries) are properties that remain amongst vacant lots.

but I had a few thousand transactions in my experience bucket and I did it for one client only..  

It's better to be honest with your current lender and all parties involved in the transaction, than to risk losing your EMD and falling out with lender Bs false promises.

Several years later and though it has gotten much much better, there's still a level of "what now" that crosses my mind when I get an email from them.

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

In my mind you MUST have the cash to these mortgages off if your going to engage in these transactions.

And in regards to getting educated on the the laws, I assume the best route is to link of with an attorney who has experience with these types of transactions?

This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's.

It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.

Does anyone have experience with that kind of transaction?