I've found that you need to have a net profit of around $40k to justify the S election, assuming that's your only earned income for the year.

Many, but not ALL are only focused on the commissions he/ she will earn and not focused, on your best interests.

Hey community,My Wife and I have $50,000 (don't laugh) that we would like to lend to a hard money lender in the Dallas area to earn interest on.

Offer them a 5 year loan at whatever interest rate you desire and they agree to pay.

Explained that one way was fast and the other slow, and sometimes the speed would spark a desire to sell at a low price. 

I have a property coming available soon in a highly desirable area however the house is not quite ready to show.

They have mentors that will make up for their lack of wisdom, and because they are so new they will bust their butts for you and work harder than anyone else out there to earn your loyalty and/or future referrals. 

The benefit of an installment contract is the buyer can operate the property as an owner and pay down the total due for sale earning equity or bring the actual funds needed at the time of financing to an acceptable market level.  

His desire to purchase a giant house out in the sticks for $325k that would go for $2.5m in my market doesn't make him reckless (meaning he should stick to the cap), it makes him SMART (meaning, in his case, it's prudent not to have that artificially low cap of $271k).

My long term goals are to do well as an agent, invest my earnings into a mixture of flips, builds, and buy and holds.