We purchase it with seller financing and we built a caretaker’s house and popped the top adding an additional story to the house.

The money is not yours to spend until it is applied to a monthly rent charge.

You can count the additional units income potential in your income to help you qualify (plus the lease of your exiting property).  

This appreciation allows you to build equity, which you can later tap into by selling the property or refinancing to buy additional assets.Real estate also offers significant tax advantages.

I know it is profitable, Were you able to get any additional information on this?

In addition, if you are looking for more brand awareness this is a good option too.

Second, if youre doing fix and flipping in addition to your W2 income, how does that factor in to your normal taxable income from your W2?

@Stuart UdisYou forgot to have the Wyoming LLC owned by a Delaware holding company that has the asset then put into a land trust.Then seek 100% financing because you are broke from spending $10,000 setting up this corporate structure to protect the zero assets you have.

@Kevin Nelson  In addition to the above response, seller financing with under 20% down can be hard to get. 

This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.