Eligible contractors which are defined as a taxpayer that owns and has basis in the residential building at the time of its construction.

So I recently decided to manage my personal property, that I both live in and rent out rooms to a tenant, as the first home under my property management LLC.

Your brother remains personally liable for the mortgage, but no longer owms the  property securing the note2.

In full disclosure to both parties I let them know I am compensated at the end when the final product is realized and brought to market.If the deal comes together I always make sure the sellers have their own attorney in the mix to hold deposits and represent them on the sale.What I am finding is sellers are hiring their own brokers and paying them commissions for doing next to nothing. 

I'm looking to exchange a multi-use property I own in the Bay Area for a multifamily property (expected sales price $3 million) that I could potentially convert to MTR.

Quote from @Scott Trench: What I have seen in my own life was this..- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success  

Welcome and congrats on starting your own practice!

Wondering about putting my banking info into these and if anyone has any personal experience with any of them.

I’m just getting started in real estate investing and am looking to acquire my first investment property.I’d love to connect with like-minded investors, lenders, and mentors who can share insights or personal journey.

Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc.