Board of health review.

@Brant Richardsonsaid I well, while both are hard work, flipping will definitely provide you with large sums of cash at closings, but the passive income from buy and holds can create a very nice life.

We are considering (in no particular order) 1)title transfers to even things out, 2) sell my share of ownership of our company where he would outright own the 5 homes that are in his name & I do the same for the home in my name, 3)put 3 homes in the LLC and put the next home in my name, making it owning 2 homes each, with 3 in our company to even things out.It should be noted that I trust my life with this guy, he's my best friend & we both want whats best for each other & will be meeting with our attorney, who has a real estate background, this coming Wednesday.What would you do in my shoes?

The fact of life is this, unless they make at least that much they can't afford your place.

I'd love to network with anyone in the central Indiana area.My background is I am a real estate investor with two real estate agents/ investors for parents, leading to me being around the business my whole life and learning a great deal from them.

The quote that I have adopted for life and business is:"You can have everything in life that you want if you are willing to help enough other people get what they want" ~Zig ZiglarP.S. my profile shows me listed as a BD, just haven't found a way to change it to wholesaler!

If they had major health risks or were uninhabitable there would be a problem getting financing.

There's just so many variables: the market, your longterm goals, what other capital you have available, not to mention whatever else is going on in your life.

The need for setting up a new entity is often something new real estate investors feel they need to do, but may be premature or unnecessary, depending on where you are in life.

Work hard and do well in school, develop your basic life skills and most of all HAVE FUN.