Can you move back in with your folks while you get established?

The estimated replacement cost of your home is the minimum amount for which we will insure your home.The decision regarding the limit applicable to your Dwelling ProtectionñCoverage A is your decision to make, as long as, at a minimum, your limit equals the estimated replacement cost as determined by Allstate and does not exceed maximum coverage limitations established by Allstate.It is important to keep in mind that your Coverage A limits reflect a replacement cost that is only an estimate based on data that was available to us when we made this estimate (this data is described further below).

I also want to retire early and hopefully never have to worry about money.I'm looking to establish a network of friends, professionals and potential partners that can help me in my Real Estate Investing journey, and hopefully when I figure out what I'm doing, I can return the favor!

The issue is we treat relationships differently.In order to have successful relationships you must establish “Core Values”.

I'm wondering if I should establish a separate banking account in which to make deposits and let the bank draft the mortgage payment from that account. 

I think that the best option would be for partner two to use this partnership to flip houses to establish his own capital that he can use for future deals towards his personal rental portfolio. 

Fortunately I dont have any issues for now, but I want to establish a relationship with one, and have him review my paperwork.

. - I'm not a CPA but this is my understanding:- If you own the house on the deed and you didn't establish primary residency for 2 years for yourself personally, you cannot sell and claim any 250k IRS capital gains tax deductions on your tax return.

If you and the other wholesaler are attempting to assign this lot to your end buyer, the assignments are going to get messy and you'll need assignment agreements, so everyone is going to know what both of you are making.

Additionally, make sure you get a good lot to build on - hilly lots can make it more costly to build a good house and people love a flat driveway and little to no steps... good luck!