Hi Brian, Yes I did a bit more research after the initial response and found the same information you just described.

I was so proud of the short sale package I had made up.

Ask me in 2 months if that’s still the case-ha but currently loving every bit of it!

Hi, is anyone wholesaling in LA or the surrounding areas?

Cap Rates in the area.

Welcome to the BP group. 

How are they going to know what you do with the home-live in it or rent it-unless you tell them?

Many times, if you wish to hold the title in the name of an LLC, you may end up with less favorable terms or even find that it's not allowed.If you do find a loan program that permits taking the title in an LLC, it's essential to consult with your attorney and accountant to understand how to proceed.

.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

I don't think it should matter if the deal is seller financed, cash, or hard money; the title search and insurance process should be the same.