So if you structure the move correctly, you can defend your partial exclusion position.

Never skip property inspections unless you intend to demolish the structure.

I am looking at investing in a syndication which is structured as an LLC and taxed as a partnership.

Also, you don’t sale a property and buy an other property, You need to structure the deal with the help of QI.

Hi All,Has done or come a cross Seller Finance taking Equity out?My friend has a Condo Free and Clear Condo.  He wants to leave the Country by in few months. According to the IRS he is only allow to take up to $250.0...

As a flipper I've seen how many just slap lipstick on a pig but don't fix structural issues, electrical and plumbing issues so you definetly want to skip this pitfall.

Hi Scott,Don't underestimate the profit you can get from a small deal.Bought correctly, not only will a small deal (say a 4-unit building) gives you the experience, if you got the property at the right price you can 1031 exchange it to a 20-unit building.That's how I came out of bankruptcy - started with a 2-unit then worked myself up to acquiring over 1,000 apartment units.Another option is for you to partner with an experienced investor but the downside is you're going to either give up more equity (or profit) or you're going to put up all the cash.You can structure something like this:Partner A (you) - puts up 100% of the cash and on the loan and does 50% of the workPartner B (expert) - also on the loan (so he is also liable) and helps you qualify for it given his experience and he also does 50% of the work in addition to coaching you on your 50% of the workThen you guys split all the profit (cashflow plus equity) 50-50.

They also failed to provide their tenant base with a professional management structure.

It depends on the deal and structure; my hard money lender is willing to lend up to 90% of purchase price and 100% of construction costs. 

They owe $95k on 1st MTG and another $25k on a 2nd that was placed on the property when they went through a debt re-structuring program.