How did you find this deal and how did you negotiate it?

Quote from @John Ma: Quote from @Kylie A.: but the thing is alot of this title companies arent even offering double closing  So don't wholesale it. 

It will be helpful if you get that lease resigned before approaching the bank.  

Quote from @Marc Shin: @Nathan Gesnerthank you! 

The benefit of the LLC is that it can help you avoid losses spilling over from one property to another or your personal finances.

Quote from @German Sorensen: Feeling the Itch Again: Advice for Getting Back into Real Estate?

(Assuming he paid $100k, is selling for $1M but tells the IRS $100k to avoid taxes and help you out.)And I said…“Lastly, don’t forget you’re also going to owe $250k in taxes if you sell the home for exactly the $1million you really paid to buy it.

Quote from @Chris Seveney: @Long BuiWhat state is the property in?

If you’re aiming to attract higher-paying renters, consider going taller (10-12 ft) for flexibility with larger items or small vehicles—this may boost interest and rental rates.

Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.