I'm working with a family member who is a real estate agent and he was saying that one of the disadvantages that I will have is that I have to get financing for my purchase and other investors in the area may be able to pay all cash or not have to go through the hurdles of the FHA loan that I will have to go through. 

We are exploring the idea of doing a commercial loan but I am curious if anyone has any feedback as to advantages and disadvantages of going this route.  

I understand the advantages of an LLC, but there are disadvantages to them as well especially when starting out.It's very difficult to get financing with no assets or credit history in the newly formed LLC.

Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.?

At a minimum you want to offer the traditional gap between listing and buying so they are not disadvantaged if they bring you a deal compared to keeping it in-house.Pay for performance.

Keep in mind that while there are some disadvantages to being classified as a real estate professional ("dealer"), there are also advantages such as unlimited passive losses against earned income (rather than just the $25k limit ).

Keep in mind that while there are certain advantages to this classification, their are alos disadvantages.

Before they leave, they go to the kitchen and start arguing in Spanish (I'm not fluent in Spanish, so I was at a disadvantage there).

She also happens to be a GC for the past 25 years.This is my first time taking this approach, and it's got a couple advantages and disadvantages.

All investments have their advantages and disadvantages.