(e.g. you could income strip from Sch C to Sch B and avoid SE taxes) Effectively you'd be loaning yourself money (i.e. from one pocket to the other).Bonus points for authoritative citation.

Focus on those types of income streams and I think you'll be ahead of the game.

If you only spent money you borrowed from HELOC to buy these properties, then you just created FREE positive cashflow with $0 out of your pocket!

I look forward to the positive feedback and support I constantly see throughout the Bigger Pockets Community.

Your fee would be 3% of the purchase price ($4,500) and a 3% "bonus" for the equity game ($3,000) for a total of $6,500. 

Hi Everyone,My name is Jonnathan Agudelo, I just discovered Bigger Pockets through researching online and I am loving all the resources that it provides.

With neighbors..... is a whole other ball game.

I have a motivated seller who said he doesn't care about his credit or a foreclosure he just wants some money in his pocket. 

Could you finance the purchase of the property but do rehab out of pocket. 

I've been a biggerpockets podcast listener for the last 6 months or so and my new wife and I are very interested in getting into the real estate investing game.