On subsequent units, we went further, changing the kitchen flooring (for Allure from HD), changing the kitchen counter top, changing cabinet knobs (a small thing, but very noticeable), and changing sinks, faucets, and toilet if needed.

I see NoteLinQ is located in Orland and the contact is robert@.... is this Robbie's enterprise?

As a BK attorney, you must be well aware that once there is a discharge, there is no subsequent derogatory reporting on the borrower's tradeline (Assuming the foreclosure happens AFTER the BK discharge).

In addition, many institutions saw trading those same seconds as a risky enterprise and simply decided not to do it based on counter-party risk and headline risk.  

I do not currently have my license but have completed classes and am awaiting exam and subsequent licensing.

You can either each buy a representative tenant in common interest (TIC) in the property, and then subsequently (many different opinions on how long this period has to be) each contribute your TIC's into a new LLC.

By the way, you can find Tony on his website: tonyyoungs.com - I am currently into a commercial real estate enterprise, and taking a break from SFR's waiting for prices to drop back to more realistic levels, which I believe is going to start showing up in the housing data virtually any day now.

Private lending is a very broad category that includes almost all types of lenders who are not a chartered bank or large commercial enterprise that have access to Federal Reserve or Wall Street funds.

My investing plan is to acquire a Small Multi-Family unit using an FHA loan, move into one of the units and subsequently acquire more SMHs before trading up for a small apartment complex.

In each subsequent year, the seller will pay capital gains tax on 50% of the principal he received from you, plus income tax on any interest you pay him.So, in your case, the seller will pay tax on the gain included in the down payment you make in 2020, which will be due in April 2021.