I know in one of the three states I deal in you have to file paperwork with the SEC before you seek funds.

Unfortunately most people seek their peers approval.. and society doesn't look to kindly upon the guy who lives below his means.

Now you will have an "order list" and can go out and seek properties that fit their parameters (area, price, type of house, whatever).

You will still pay tax on all retained earnings and depending on how well you can justify the retention as needed to conduct the business you may pay some additional penalties to "retain it".

That would be your cost, unless you could get the seller to kick in some of the cost (back payments, penalties, etc.)

I'm an Investor seeking for wholesalers that's around NYC.( No newbie's Please)--

If you have buyers that have 4+ properties & are looking to add additional properties to their portfolio, they probably should go this route.Rate may be a bit high (7.1-7.5%) but they will have a 2, 3 year window before balloon payment kicks in; no prepayment penalty.

He would've wanted the US to pay some kind of tax or penalty for the carbon emissions from the 9/11 attacks.

That is unless you played some land trust games, then it could be trickier.However, if they have constructively abandoned their right to foreclose, it is my understanding, they could still go after the former seller who breeched the contract.Anyway, the path of least resistance is usually better so if your buyer can refinance, do it and just move on.Also, in the future, include verbiage in your contracts when you buy to allow you to seek recovery from the seller when they do something like this later.

Hey Matthew - Seek out Aaron Norris here.