The terms I am using for the deal I have now are 20% down (he was willing to do 10% down at a higher interest rate), 30 year amortization, 5.5% interest and a 5 year balloon (he was willing to do 10 years, but at a higher interest rate).

My question is: If I am going to wholesale a property should I disclose to the seller that I am doing so if I am using an A-B B-C closing?

I am using private money to fund the deal and would repay once the refinance portion is in place.2 Bed/1 BathOffered: $21,000 all cash, no inspection contingencyClosing Costs: $1,500Taxes Current Year: $1,800Needed rehabs(Estimated): - Fix grade issue $300- Demo and remove patio $500- Demo and remove moldy drywall in basement $150- Repair basement cracks/seal/paint $500- Dehumidifier $300- Paint interior $300- Paint Exterior $200- Add/repair downspouts $500- Replace boiler $3,000- Replace siding on carport $400- MISC Electrical $350- MISC/Oversights $1,000TOTAL Rehabs: $7,500ALL IN TOTAL: $31,800Comparables in the area are around 45k-48k on average.

I am using ACH to either allow the renter to initiate the payment or have them setup an auto payment.  

Hello, I am new to real estate investing , currently trying to find my first property looking to do a flip and sell for my first , as I am using an HML on the this one to build more cash.

I am using a simple excel spreadsheet that mimics the Schedule E.Hope this makes sense. 

Amusing how promoters tout depreciation as one of the big attractions to buy and hold, when in fact you have to recapture in sale year. 

I am using my self-directed for the flip. the only rule for mine is that any real estate investment I do can't be for personal use.

I am used to having a realtor take care of everything so I am a little lost. 

For those who are wondering about legality, yes I will have copyright licenses for each showing.The second method I am using is 10 times simpler, but fairly recognizable.