The property has an out house and a self sufficient basement that I could potentially rent out.

In this case you may be best served by investment through your self directed retirement account, or a trust, or even in your personal name.If on the other hand you intend to operate as a dealer in notes, or have outside investors providing capital, or enter into loan origination, you would probably want to form an LLC or even a Series LLC.

Yup, totally.2) Newly self employed folks that had an amazingballs year 1, but year 2 isn't done so they can't get a normal mortgage.

This is a great forum with very knowledgeable members that will help to guide you in the right direction, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

Wholesaling is not real estate investing, it is mostly a marketing business. second, your concerns of legalities are legit and there are numerous threads on here about this topic, I suggest reading them and paying attention to the veteran and experienced investors, keeping caution on some of the other comments as many are self serving in this space.Here is the real meat and potatoes - wholesaling as a rookie is (in my opinion) even more difficult than doing a rehab flip.

This is a great forum with very knowledgeable members that will help to guide you in the right direction, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

You will be able to get answers to all of your questions regarding real estate investing, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance from many of the knowledgeable members.

I don't think my strategy was to be my own gentrification machine; more important to me was that I bought houses in the geographic area I thought had the best long-term outlook, combined with ease of self-management and homes that fit my preferred tenant base.

This site is great if you are looking to invest into real estate, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, crypto, or tax and legal guidance.

I currently invest in PA, but from New York originally and now I live here to self manage.