LLC Taxation for FlippingSince you’re flipping the property in under 12 months, the IRS usually treats it as ordinary income because it’s considered a business activity, not a long-term investment.

Is the way these lenders do business?

If your 5th deal is good, you should be able to find funding outside the banking industry.

This is my first commercial deal and 2nd seller financed deal. 

My wife and I are a team in our business too.

Like everything in real estate, it comes down to negotiating a good deal upfront.

I have NEVER received a call, much less outside of normal business hours.

We have several vendor business members in the title space that are very investor friendly.

Another effective strategy I use is a "Book 2 midweek nights, get the 3rd free" deal.

If you have a business filing (partnership 1065, S-Corp 1120S, etc) you'll need to track a balance sheet, and also equity as well.