Its actually #1 city in the US for Job creation.

The creation of that little note was the difference between me buying that property and not.

I am wondering because I cannot wholesale due to a resale restriction but thinking there must be a way to add them through some sort of mortgage or partnership or entity creation...This would be for a fix and flip..I tend to get maxed out at 6-7 rehabs and get strapped for cash so would need someone to bring in some money

Either way, the creation of an LLC will not stop you from electing to be taxed as an s corp.In PA this will allow you to offset personal income with business expenses.

I love that you're thinking about buy-and-hold investing - a true wealth creation strategy.

And if you try to claim that the investor is participating in an event that will lead to the creation of a loan, i.e.

[I would not call all of our investors novices by far since 80% of them are experienced property investors and have existing income properties. 100% of them repeat going on to other NRIA projects with us because our wholesale investment value creation system works and is proven over 650 closed refinanced and rented or sold homes in Philadelphia over the past nine years exclusively.

My primary objective is to help Individuals and Private Investors earn Above Market Returns on Passive Investments, that are Doubly Secured by Real Estate Equity and Positive Cash Flow, while focusing on Capital Preservation and Wealth Creation, over the medium to long term.I came to join BiggerPockets because I always have this Burning Desire to Expand my Model of the Universe, stay on the Cutting Edge and be surrounded by Like-Minded Professionals.

So what happens when the investor has acquired enough properties that warrants creation of an entity, do they have to pay off all past mortgages at this point?

The broker on the other hand is compensated by the origination (creation) of the loan.