Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

So even if you had a buy out agreement negotiated up front and execute that buy out agreement, the bank would still require him to be guarantor unless something drastic changed on your side financially.The best scenario here would be to purchase and rehab the property using a hard money lender or bridge lender.  

Execution truly is the missing piece for so many.

Rentals generate passive income, so an S-Corp offers no added tax benefit.

Unfortunately, he got behind on property taxes and was struggling to keep up with maintenance, so the place was in rough shape.

Here’s a bit more information about why these could be such powerful tools for you:Financial Support: The average benefit for buyers who qualify for down payment assistance is $17,000.

So, for now, I will focus on Rhode Island, Florida, Tennessee, Georgia, and North Carolina.

Insurance : This area of consideration deserves its own deep dive so we’ll briefly highlight key concerns. - The underinsured.

The City could also require solar power.

Call others vicious troll for critical reviews.4.