This could present great investment opportunities.

If you are flipping to sell, it may be best to present the house with an open airy feel that is ripe with potential.Kitchen finishes: Our primary home was a flip with white cabinets and black finishes.

WEst coast  OR WA AZ NV CA etc is all cash on the barrel head there are no deposits and no over bids.. winning bidder presents the cashiers check and they have won the deal on the spot.

I am not looking to waive the inspection but what other options can I present that people have used which makes the offer competitive.

Sophisticated Lenders can and do structure these with many safegaurds but thats not what you are seeing in the Gator world and the gap funding and loans being presented to new lenders..

Your points may be better presented as a “caution” sign vs a definitive “do not enter”If you were to make the argument that it may not be for a newbie and therefore I should not have shared on this thread how I do things… I may have to concede.

. :)If anything, it's a disincentive for an auditor to dive into such complexity.BTW, there should only be one de minimis election statement for the entire return.

This is the first calculation we perform when presented with a loan request and tells us whether the deal is worth pursuing.The 70% rule of thumb assumes the property is a flip, that there will be a hard money loan, and an agent commission paid upon sale.

@Stuart UdisYou forgot to have the Wyoming LLC owned by a Delaware holding company that has the asset then put into a land trust.Then seek 100% financing because you are broke from spending $10,000 setting up this corporate structure to protect the zero assets you have.

We see ourselves moving to the court de alene area in the next few years.