Some other research that I did indicated that if there are multiple owners which have all occupied the house for some 2 of the last 5 years, then they all can benefit from the 500k deduction (if they are couples, 250k for individuals).

It’s motivating and seems to be more like a blueprint of what to do to become successful in investing.

I’m looking to connect with other investors, wholesalers, real estate agents, and like minded individuals.

I mentioned that I have access to an additional $150k based on the quality of products available.

I'm not sure yet, the seller's motivation for the 50% down counter, probably just a trust thing....I will try to find out.

The best option is to refinance in the name of the LLC, but to do that your LLC needs a credit rating (impossible without a DUNS), and appropriate closing costs and reserves.You can't just transfer mortgaged property into an LLC because it then let's the individual off the hook in the event the property needs to be foreclosed.

Just wanted to say hello to everyone on BP and if anyone knows of any good investors in the Des Moines area I’m open to all the suggestions. Also if there’s a particular method on finding a good investor that would be...

The seller does seem too motivated anymore.

To give you an idea of popular lender criteria, check out https://www.11capitalfinance.com/Click on "Product Sheet" and see all of the different options just on this sell sheet to understand where lenders are in the market today rather than 2008.DISCLOSURE: I am currently evaluating a sales relationship with this company.

I know there are many companies and individuals who offer these services however I would like to know what questions I should ask so I know what I am getting and what steps I should take to make sure my site stays secure in the future.