The private lender runs "a trade or business", like hard money lenders and professional money lenders do, as opposed to a casual lender such as a friend or a family member.2.

All of us professionals are trying to make money off you and those trying to help for free, well #1 their opinions are often worthless leading to #2 you get what you pay for regarding free advice.So, question everything to avoid being sold a load of crap.There's a lot you can do remotely - if you put in the time learning enough to avoid getting taken advantage of and/or build the right team.Your first challenge will be WHAT type of investing you want to do.

As a new real estate professional it was imperative to me to be able to learn from successful people as well as be in an environment that breeds success.

If you have any good books, podcasts, courses, or websites please let me know!

So, I wouldn't say its something to avoid so long as you are able and willing to deal with it and of course get a good deal on the purchase. 

Or be a real estate professional and be able to deduct against your professional source of income (another topic for another day).Rent Avoidance:Rent avoidance is the amount of money you save by living in one of the units you own instead of paying rent elsewhere.

It's not always necessary to notify their bank but if you wanted to you could send them a notice saying the payments will be coming from this new name.It's important for both parties to work with real estate professionals familiar with "subject to" transactions, including real estate attorneys, to ensure that all legalities are properly handled and both parties are protected.Hope this helps clarify some of your questions!

Gastonia:Kannapolis:Big Ideas in Kannapolis Downtown Plan (over the course of 20 years starting in 2015)1.

Not being a tax professional the way I understand it is that the capital gains are broken down as a gain each year based on whatever the payments were.

Take the time to thoroughly evaluate these factors and consider seeking advice from real estate professionals and financial experts to make the best decision for your situation.