This doesn’t occur often, but the deal is so good, just a few of these in the course of your real estate investing career will turbo charge your pathway to large net worth.Since examples can provide clarity, I’ll provide two examplesA number of years ago (7 years) I was approached about purchasing a note from a property owner who sold his retail center and carried back a $500k note, current principal $476,000.  

.• A property is 800k and seller is willing to carry 400k at 0% in second position.

IRS publications carry exactly zero legal weightb. if we look at the header of this thread

Additionally, you’ll build equity and can leverage that for future investments.Flipping: On the other hand, flipping can provide quicker returns, but it’s generally more hands-on and carries more risk, especially in uncertain markets.

Why not simply find a seller that will sell their property at 70% and forget a 30% carry back?

On standard for 401, there is a section instructing the owner to carry general liability insurance in the amount of $XXX,XXX, but it does instruct them to consult their insurance carrier. 

However, if you generalize, if the company isn't personally investing in deals and is solely working off fees and carried interest, then I agree that you probably aren't seeing the best deals.

I gravitated into remodeling because it was the only thing to do here in Texas that I could compete in given that I was one of the few that carried insurance and WC.

For example, if the value of the fraud is over $1,500, it could be considered a felony, which carries more severe penalties.- **Civil Liability**: In addition to criminal penalties, the company could also face civil lawsuits for fraud, where the affected parties could seek compensatory and possibly punitive damages.Given the potential legal consequences, it would be advisable for any property management company in such a situation to consult with legal counsel to ensure their billing practices are compliant with the law and to address any issues related to past billing practices." - ChatGPT

A bit discouraging and frustrating but I will carry on.