There are way too many variables for most inexperienced individuals to accomplish this on their own, even if the bank would allow it.

If you had a sole proprietorship, I believe the taxable income could pass through the LLC onto you, and you then only have to pay personal income taxes (not be taxed for the income as an LLC, then individual... with sole proprietorship LLCs.)

This letter indicates all the terms and conditions of the sale and includes things like:- The buyer's name (so nobody else can buy it)- The purchase price- The net amount to the lender (how much the lender will get from the sale after all fees and commissions)- How much commission the agents will get- The timeframe to close (normally, this is a "must close before" date)- All the other terms and conditionsThe other terms and conditions generally include a provision that says that the seller isn't allowed to make any money off the sale (other than what the bank might provide) and then will sometimes say that the buyer can't resell for some period of time as well.

, but if a title search indicates no cloud on title, that should legally qualify as "clear title" I would think.I know state customs are going to vary (in my state, it's very atypical for the seller to pay any title or closing costs unless specifically stated in the contract), but even if it's customary in your state for the seller to pay title search/insurance costs, short sales generally have their own rules.

What amount of deductible makes sense is an individual decision based on your business model, investment basis in the property, resources and operating capital, etc.

As others have indicated, FREE doesn't always mean GOOD.

Hello everyone, I came across this individual who is looking for a huge apartment building with a price range of 1mil-10mil.

As demand increases and the economy improves, so will real estate prices.My research indicates that if done properly, the yields will be between 15 - 20%.

Each individual has to do what they feel is right to them.

Others have success by individuals dropping out of college to start their business.