It's packed with valuable insights, practical tips, and actionable strategies to help you excel in flipping.

In my county we have a homestead tax credit for owner occupied houses which limits your property tax increase AND you can pay your taxes in 2 installments .

Rates are going to have "loan-level pricing adjustments" (LLPAs) that will have different rates depending upon Loan-to-Values, Credit Scores, Property Type, and many other factors.

You'll pick up plenty of other tips along the way, but those should get you started.

I don't fully understand the concept and was looking to get any advice, tips etc.

There are a few reasons why an LLC makes sense here, most notably that you don't want to take any chances that tax liens or collections will somehow get onto your personal credit report in error.You will need to remember the amounts of your winning bids because you will not receive a confirmation or invoice on the courthouse steps.

For years we had a local chattel lender who took on higher risk loans for those without the large down, not super high credit, and on older homes.

Also please feel free to share ang tips and pitfalls to look out for.

Credit unions and low downpayment options preferred.

Additionally, any tips or advice from those who have navigated similar situations would be invaluable to me at this stage.Thank you all in advance for your assistance and insights!