@Sharad BagriI would open a bank account at a local bank or credit union that will lend on the properties you are buying.

I joined Springboard to Wealth in Aug and went through the 12 modules they have where they teach you how to find properties and how to evaluate them to see if you have a deal or not.

If you're audited for some other reason, the issue of allocation to land might potentially come up during an audit, but it is still rather unlikely. 

The market was increasing and we were able to find an off-market deal from some friends who held the property for over a year had no interest in fixing it up.

From, "someone ate my food" to "someone takes long showers and uses up all the hot water" and even arguements over parking spots.Who wants to handle all that extra nonsense for "free"?

Any suggestions on how you calculate the wholesale fees would be appreciated.

Purchase price: $665,000 Cash invested: $200 Sale price: $665,000 Its a Duplex 2bd1ba each unit, nice backyard and long driveway, situated in the Pattern neighborhood 5 minutes drive from Dimond/Laurel village.

I'd like to use these to upgrade into something much larger in the next 2-4 years. 20+ units.

The condominium is 1 story and 1,333 square feet and was constructed in 2016.

Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?