@Camille Romerounless you are able to spend some significant time in your chosen location in person, and work on building a network there, i would pick a market closer to NYC, within a couple hours.  

We were recently networking and someone told us about buying homes from auctions.

Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land.

I am a flipper got several deals in the recent but not a casual flow, hoping to network with wholesalers to get more deals. appreciate any advices

Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

My network of cpas, attorneys and investors are telling me it’s still worth it because of appreciation and tax benefits.

I suggest before that, get heavily networked into your target market. namely with the older investors.

Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

LLC offers no tax savings.This post does not create a CPA-Client relationship.