You’re just trying to make a few bucks to buy your own toys without committing to being a full-time shopkeeper.But here’s the thing: Wholesaling without a license is like running around the playground trying to sell toys out of your backpack.

As well as utilizing them to market and sell your properties.

If you want to sell this property, you need to let someone inspect it at least once and the discount for due diligence needs to be worth it. 

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.

Selling one and buying several is fine. 

It is not uncommon - main reason we see right now is over inflated original ARVs and now borrowers cannot sell and pay off the lender. 

One thing you might do is sell your more expensive properties and buy less expensive ones. 

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

By the time it was all over, the court fees, attorney fees ate up the entire EMD and then some --- this seller never intended to sell the house. 

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold.