Then we would live in this property and have still have cash to purchase investment properties that would take care of her mortgage.

I don't expect to be netting $30k in Louisville wholesale deals often (if ever), so 1-2% on profit wouldn't be much of an incentive for the lenders.

I have my basics down but I just am in that fear stage to go out and do it myself , I got 3 deals that look nice but I am scared to go at them my selves , if anyone can help teach me I will find the deals and you can keep all the profit I don't care about the money I just want the knowledge

Hello all,I've been approached by my uncle who owns a two-unit apartment to join him in the formation of an LLC. 

I personally just care how much money the properties make than what they are worth since I plan on never selling, but it is always good to have a solid exit strategy that may involve selling.

For a business owner with $100,000 taxable annual income, the net tax savings for using an S Corporation instead of an LLC in taxes paid every year can be as high as $7,500.Holding PropertiesWhen holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.

SC's owner-occupant taxes are great, but as an investor they're double and some times nearly triple that of an owner-occupant.

That said, please don't assume I am acting foolishly either - I have been very careful in these early stages of starting my business.  

I dont care where it is. 

Hi, I'm looking for a wholesaler in the Phoenix area who specializes in elderly care facilities.