I made a relatively low offer and after one negotiation we settled on a price that was about 45% lower than the original list price.

The problem with using credit card funding is it destroys your DTI and thus lowers your credit score.

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

Use negotiation to lower the price from the “no go” asking price to a “go” lowerpurchase price.  

Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.  

Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income. 

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

However, it’s also a requirement for properties with lower-level units that could be vulnerable to flooding, even if those properties are not located in a designated flood zone."

.💡 Tax AdvantagesThis is where my tax brain gets excited!

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