My best guess is this was purchased cash by someone who can renovate very efficiently and who has slimmer margin requirements.I advise my clients interested in BRRRRing in Atl to direct a portion of their capital to a direct to seller campaign.

Like I said I’m new to the game and excited to pick up as much as I can, if anyone out there wants to chat or needs a strong back I’m always willing to trade sweat for advise. 

What do you advise?

An accountant will advise you of tax advantages and requirements of different types of business structures, including sole proprietorships, limited partnerships, limited liability companies, and corporations.This will help you decide which structure is best for you.

I doubt that happened here.I'm surprised a new title insurer without existing liability is willing to accept a letter of indemnification from the old title insurer because as Tom wrote, a simple paydown of a HELOC doesn't mean it was satisfied, particularly since you advised USAA isn't willing to give a satisfaction . 

Lender advised me, that's why he sent a fee sheet and he was not sure about his contribution to the closing cost(which brings the biggest confusion).

How can I protect my other assets (401k, savings, Florida single family rental part of a 50/50 partnership LLC) with intentions to grow the portfolio.Is it advisable to purchase an umbrella policy or form an LLC for my business here in Connecticut?

As a result there are perhaps five law firms in the entire United States I would consider qualified and experienced to advise a seller financier and none of them are inexpensive.Unless you are planning on developing an ongoing lending operation that originates a minimum of ten loans a month, seller finance is not a viable solution.

@Qin Sun In GA a termite bond is highly adviseable.  

My broker advised me to contact my CPA to amend my schedule E to take less of a deduction.