Carrying costs in purchase and or rehab is financed, cost of capital on refi, re-recording, title, updated insurance, etc. their are many costs at play after initial funding then to transition long term unless your straight cash on the front end.

Say the wholesaler will profit $10k for assigning the contract to a buyer, and needs $2k EMD, then the gator will pay the EMD to the title company, and it is written in the contracts to the title company that the gator will get a profit of $1k, and their $2k will be returned to them. 

A family member contacted me directly, so my agent hasn't been involved at all with this deal so far.In that case, the only reason that you would pay him the 3 percent is you wanted the assistance with the whole process from negotiation, home inspection, negotiating any repairs, mortgage and closing and title referrals.

what about quit claiming the two owners onto title as tenants in common and managing the ownership through a TIC agreement?

. :)  Thanks for tagging, Sean.David, you received mostly good advice from my colleagues on this thread and mostly bad advice from your CPA, it seems.

Title says it all. 

This is critical to include.Other technical itemsOnce that's done, be sure to include meta descriptions and titles, images that are 1,000 pixels or less, and alt text in your images that includes some of the keywords you're ranking for, when relevant.Build linksThen use HARO (now Connectively) to build natural links to your site by being quoted as an expert on flipping, home sales, home repairs, etc.These will be homepage links, but since you're going to be trying to rank your homepage, you're looking to boost your overall domain authority.

You would not switch to titling in the LLC until after you moved out. 

But you can't stay on title. 

:Always do anything within the walls of escrow, i.e. pay people, pay title, pay escrow, pay invoices from termite, give a credit to a buyer or seller along with anything else.