Hi Everyone,My name is Guy Lavi, and I am new to real estate investing.

My replacement property was found in the first week of August-2024 and closed on the 26th of August.I was already talking to my agent for the relinquished property months before to plan this out.

My title company has told me that it is impossible to do a simultaneous closing using only the end-buyers’ money to fund the transaction on a wholesale deal as they say it is considered a “dry closing” and is illegal in the state of Virginia.Someone from the title company also told me that there is a limit on the number of assignment deals that you can do before you are forced to get a real estate license or it is considered brokering without a license.

That said, there would be arguably no business purpose to bringing your family along with you, so even if you are spending the entire time searching for real estate.

We are over 20 experienced CPAs active in these forums, many of whom specialize in assisting real estate investors like yourself.

About a year or two ago I pivoted and started flipping and finding alternative strategies, but I have realized those cannot replace this strategy, they can be in addition to it, but I need to continue buying, moving, and keeping as a rental every couple of years because this really is the best strategy for building long term wealth.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Closing a deal can be a real rollercoaster ride!

Please let us know at biggerpockets.com/guest For this round we're specifically looking for folks who are now real estate investors who fall into one of two experiences:Did you start your real estate journey with a significant amount of savings you were able to stockpile to start your investing journey from a well paying full-time job?

On the FMLS and I knew the listing agent How did you finance this deal?

My reason for this post is to hopefully find a mentor to work with to get me started on this adventure into the real estate world.