My question is that if a deal has a mortgage subject to an existiting loan and a private lender funds the purchase of the enry fee (wholesaler fee/agent fee/cash to seller/etc.)

Maybe the theater needs an annex for props, maybe business is booming at that law office and they need a place for a call center, maybe the plumber has his crap all over their home and the spouse is sick of it, maybe the insurance agent has always wanted to open their own office but just never saw a great location like what you have, you just don't know if you don't ask.

In that reel, he showed a shot of an awesome looking spreadsheet that was helping him analyze an on-market deal his agent had sent him.

Research historical trends and economic indicators to gauge the area's growth potential.Consult with Professionals: Consider consulting with a real estate agent or financial advisor who is familiar with the Corpus Christi market.

If you got one from your agent, it's a barebone basic lease that is actually lacking in several key areas.

@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.

Establishing strong connections with local real estate agents, property managers, financiers, and investors can offer priceless knowledge, access to opportunities, and potential collaborations.Good luck!

Agent How did you finance this deal?

According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

I would not want to buy something that was illegal or have a agent sell me something when they knowingly know that I am not going to be able to STR it.