So it can be a tax benefit for flipping properties.An S corporation is probably better protection than an LLC for liability.

It would probably be easier to rent it as a 450 sq ft "hotel" than an apartment.

Someone investing their IRA in a large number of passive assets and occasionally doing a flip might be viewed differently than an IRA investor where all of the capital is being deployed into flips.Our admittedly conservative recommendation is that more than one flip per year should have you thinking about filing the 990-T.  

Again, this list is not exhaustive and by no means do these things mean you should not buy an investment.  

Fees:Upfront (pre-paid fee) $3k – This was the 1sttime I ever paid a fee up front (other than an inspection)2% lender Fee – Very Expensive but I suppose is standard for this type of loan productLoan would be serviced/funded originally by Stronghill CapitalSold within 30 days to new providerEarly pay-off penalty (expires after year 5)Feel free to message or ask any additional questions that can help you in your investing journey.

If you are confident the types of properties you want exist then the 45 day period is really more of a psychological impediment rather than an actual barrier.

I also agree that the visual aids are better for a lender/partners than an excel spreadsheet.

This may be true in podunk LA with no location but most places FL or our location near a beach Gulf Shores AL, we can get more than an apartment.We got into parks because we like 10% cap rate vs 6% for apartments and 25% cash on cash vs 12% in apartments.  

@Alvin Pereira  I have not dog in the hunt since I have never wholesaled a property in all my 42 years of selling RE as a licensed broker.. but the pro wholesaling camp will say its find you have an equitable interest.. the pro license camp will say no way .. if your advertising a house for sale your selling re without a licensethe others will say your only advertising a contract to assign and I think that flys but I have yet to have anyone approach me who is wholesaling who simply says I have a contract.. they all have pictures the price of the home the rehab the arv etc ec.. exactly as a broker would do.but then again there are many who have a full pipeline of buyers and they probably do just assign with nothing more than an address.But you can see all sorts of wholesalers with full blown websites and marketing campaigns .. so really as I said at a small level probably no big deal.. start burning a bunch of sellers who then complain to authorities then that could be another matter.And if your really bugging RE brokers I would count on them filing complaints them selves.I mean I just asked for someone to broker a loan for me in Nevada ( am not licensed there I am a NMLS licensed mortgage banker as well)  and I got a letter from the state not 5 days later.. so someone on BP turned me in or the state was trolling BP. 

We spent several years being exhausted but it worked and now we are self-employed.