Half an hour from home is my personal rule.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

NOPE, they rejected the HUD the second, third, and fourth time...

(IRS rule is you have to live in a house 2 of the last 5 years to not pay capital gains on the sale of you personal home).

They have apportioned $200k for the land.So, say you can get it for 1.5mm (9.6% Cap using 50% rule) which seems possible, or perhaps you could do even better, considering the limited pool of buyers the financing terms create.

hello everyone...heres the rules according to Realtor.org http://www.realtor.org/topics/seller-financing/the-safe-act

We're all biased towards incredible stories.We end up thinking that "high school drop-out turned millionaire" is much more common than it actually is, because we hear that story much more often than "high school drop-out turned out exactly as expected".My rule of thumb: get the best education you can, unless a better opportunity presents itself.

Lupe,Private lending can be done easily with out using a broker, However that said there are Sec Rules.

Something around the 1% rule (12% per year in gross estimated yield)?