Good Day BP Family,I stumbled upon this information regarding a change (at least to the form) the IRS has made effective Nov 2013 regarding estate assets.

I did NOT tell her before the duplex, but am likely to tell her about the SFH as we are trying to get the division of assets all figured out ahead of time and keep lawyer cost as low as possible.The way I assumed from the get go on the duplex is something like this, with the math simplified.

You might be tempted to keep all the cashflow until repairs become necessary and then you will be hurting, or you might be tempted to put all your cashflow and savings from earned income into repairs which will slow down your asset acquisition.

Our goal is to complete setting up the infrastructure by end of the first quarter and acquire 5-10 SFH in each market.Most importantly are finding the local assets on the ground that could assist us.

Gotta net out the value from the RE.Look to the old sales generated, but you also need to take into consideration what kind of operation will replace the old business, a significant change in menu won't be the same and consider the blue sky falling since it's been closed.If that owner has medical issues, seller financing may help him save on his estate preservation, if he gets cash it could be required to pay medical expenses and lose what he gets, financing it will usually take him to a discounted market value of his note, savings can be significant and save in keeping other assets.

More extra money to turn your home from a liability into an asset.

If you don't pay the loan back - the bank will go after you, your money, and your assets.

After taking procession of a portfolio of assets, they secure the properties, make necessary cap improvements and then resell.The portfolio being offered consists of 35 units in seven buildings.

I met with a motivated seller today and he wants to liquidate his assets.

Because you're paying so much in rent, have other assets albeit overseas, and perhaps decent documented income, you should be able to go to a smaller bank that underwrites their own loans vs. selling them off to Fannie, etc.Try getting a pre-approval from a community bank (newer ones formed since the crisis are best) and/or approaching a mortgage broker.Explain your situation and provide an example house/financing scenario.Hard Money is always an option too.Rick