Most investors would benefit by creating a contract template, custom tailored to their particular method of business with the assistance of a real estate attorney.

It will benefit you in many ways, such as less capex, repairs etc.

With the Toyota-Mazda plant coming up in Greenbriar (which is closer to Decatur), I believe Decatur would greatly benefit from this.

He suggested in real estate and how benefiting it is long term.

The 70% rule is out there for the benefit of the real estate investor.

Of course the benefit of freeing up a lot of time to concentrate on investing has been offset with not having that W2 job that all these lenders now want to see.

Plus you have the benefit of having 2 rentals in the same location. 

If you aren't thinking you'd be doing another rehab in the six month seasoning period, then the HELOC really wouldn't be of any benefit to you, you'd have no need for that cash until you can do the cash out refi anyhow.

Buyer gets to come in with less cash, you get a tax benefit and your full asking price. 

I’m hearing that a corporation is better because there are so many tax benefits and loopholes (for lack of a better word) with a corporation.