Not sure if Hawaii did the same thing in the lahina fire I know when I was there right after the fire ( Honolulu) I read in the local paper how the locals were getting offers and were offended..

Read and follow your lease, don't allow your tenant to dictate terms.

Your scenario is possible but not probable...admittedly I have never done what you suggest I've been the seller financing sales in my IRA, but I have read several BP contributors that have substituted collateral.

One of my recent favs is someone who's Instagram profile read  something along the lines "0 to 500 units in 6 months".

She read 2 books, "Retire with Real Estate" and "Set for Life".

Hey everyone,I have recently read Pace Morby's book about creative finance, and am super stoked!  

In this case, the seller is still responsible for his original loan, and then Ashish's answer is correct: interest deduction belongs to the seller.Once I re-read the original post by Anirudh, I realized that he left both interpretations possible.

Nida,  as an accredited investor I have to think your smart enough to understand how this works with some simple reading on the subject.. 

Read books, network, research markets, and plan your strategy.

Based on my reading and understanding I'd like to form my LLC in Wyoming.