@Austin Tessyes, you can get a loan to do a flip, but flipping still requires your own cash - it's typically impossible for a brand new investor to borrow an amount that covers all of the costs of a flip.  

Additionally it can often results in multiple additional tax filing requirements riving their tax filing costs up unexpectedly. 

When it was built the electrical wqs put in to the code requirements at that time .

This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.

Are they going to start paying down that credit card debt, turn over a new leaf, and avoid bankruptcy for the next decade? 

@Doug Smith Yes, I put 25% down on my last investment which is what was required by my lender, whom I like.

Fortunately I stopped borrowing on bridge debt a very long time ago so I've managed to avoid some of the distress you are seeing today as these bridge loans are maturing. 

@Rosalyn ScofieldI always suggest that investors and homeowners avoid home warranties.

Rental should be $1,600 a month.This year, I plan to build one more rental property, and it will require financing.

Maybe I could leverage my other business but I don’t know the requirements for that as we do have outstanding loans already