If you need financial help, ask under the "Finance, Tax, and Legal" forum.

This hidden cost significantly increased my loan’s overall expense, and I only realized it after reviewing the final terms.

.💡 Tax AdvantagesThis is where my tax brain gets excited!

No state taxes, high appreciation, Economic and Job growth, Population growth, etc. 

Either way, model prospective deals to maximum stress test and to see if it cashflows after you move out and fully occupied. 

I believe the sponsor still is on social media going about their day to day My Guess Chris is after all the blustering and threatening this calmed down and if litigation has started its in Ca so we can check back in about 18 months to 24 months from now to see what if anything happens..

Exactly if its a hot deal cash just means you beat out the next guy who needs financing does not mean deep discount .. at least in markets were RE is sought after.

but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build. 

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

Most of the “deals” have no meat left on bone except for maybe a long term rental hold after repairs.They ironically sponsor a lot of the meet ups I’ve been too here in DFW. of course they do they live and breath on newbies..