While Lonnie Deals are not dead, the format for financing a home has drastically changed.Our consultancy just did a workshop in Chicago about a month ago for Lonnie Dealers on how they could continue to do Lonnie Deals legally.

I bought Jerome Kersey's mansion on the Williamette river in Oregon... he had gotten tied in with a financial consultant that lost him a lot of money..

And are you consulting with a good insurance broker that works with investors?  

I have a few loan consultant/loan officers I am vetting out right now and I am not sure what I should expect? 

You pay them a fixed fee for a consultation.

You are required to hire a 203K approved contractor, approved 203k consultant, etc. 

John Burn’s real estate consulting firm has a warm place in my heart for all of their smart and timely analysis of the real estate market.

Normally we would only engage our in-house network and sell our properties that way, however it's time to embrace the future and social media to reach a bigger audience. ( I also have a few years of experience consulting Fortune 500 companies on new-media strategies, meaning I do have a bias towards social media as I've seen it transform the way marketeers reach their audience and have direct effect on the bottom line). 

Consult an attorney on all of this.

Hi Alex - I am not an accountant and best to seek consultation from one on the ultimate reporting and documentation of your flip.