I actually watched that video yesterday.Here's where I stumble:What are the best ways to come up with the numbers you don't have data for yet?

Basically, the IRS wants to ensure that you invest an equal or greater amount of EQUITY AND RELIEVED DEBT in the replacement property.

When my company runs a screening report, the applicant must match their application information in addition to their SSN to what shows on the screening report to ensure it is them.

I don't want to get a job that gets me out of the game, I started playing around with marketing and I'm doing lead gen, data scrape, and cold calling for investors and small businesses.

But I'd like to run the numbers in the scenario as I move out after 2 years living there to check the cashflow- Financing: owner occupied conventional loan - Downpayment: 5% - Interest rate: 4% - Loan period: 30 years (fixed) - Vacancy of 5%, Repairs of 5%, Capex of 5%, and PM of 10% - I assume I can get 10% discount based on how long it's been on the market (purchase price of $719,100) - I used Realtor.com from the link and based on purchase price of $719,100 it gives me prop tax of $749- I relied on the listing agent data of $92 per month for home insurance - I relied on the listing agent data of $112.50 per month for water, $112.50 for sewage, $95 for garbage, and $60 for lawn care (assuming the tenants pay for their own electricity and gas) - I left PMI to be 0 since I do not know how to calculate this Result: Based on assumptions and MLS listing, this property cashflow -$1,280.00 (aka, a horrible investment).

I will have him represent one of my buyers and me represent the other to ensure that the others offers aren't known.  

I am looking for one that I could hopefully call regarding foreclosures and auctions to ensure the title is clean before I buy/bid.

The LLC has no credit or anything, so when refinancing, how will the lender use any data to determine if i'm eligible for a loan on the property? 

People complain about it adding yet another cost but the attorney is there to ensure that contingency dates within your contract do not get blown.

Always look out for good schools and low crime rates.Community Data Snapshots