Thanks10 new Development LLC, A new jersey limited liability company.This certifies that Borrower Name1 is a member of the above-named limited liability company and is the owner of Fifty (50) units and is entitled to the full benefits and privileges of such membership, subject to the duties and obligations, as more fully set forth in the Limited Liability Company Operating Agreement.Whereas, Borrower Name1, hereby sells, assigns, and transfers unto Lender Name, successors and/or assigns as their interest may appear his Fifty (50) units Membership Interest in consideration for a loan in the amount of $Amount.00.IN WITNESS WHEREOF, the Limited Liability Company has caused this Certificate to be executed by its duly authorized members this Date 2024.

During the webinar, the author mentioned a specific type of loan that offers tax benefits or potentially exempts taxes when used for flipping purposes.

I don't believe my credit is strong enough for a conventional lender. 

@Mike RutallieIf the realtor thinks it’s worth $325k this is probably not something they would considerMy guess is rent is worth a lot more than that and basically they would be renting it interest free till it’s paid offI guess it does not hurt to ask but I don’t see where this benefits the seller.

There are all kinds of programs out there that lean heavily on the gross monthly income, credit score, and down payment, etc. 

There was more to the proposition than just this (a relaxation of rules allowing those over 65 to move and keeping there current prop tax basis as a way to sell it), but guess who both of these benefit - hmm, more homes selling?  

You could benefit from Grandparent to grandchildren if we #FiXProp19. 

The rent appreciation improves the cash flow. 2) prop 13 is an under appreciated benefit for long term buy and hold investors. 

Conventional are personally guaranteed, show on your credit and the hazard insurance has to also match the vesting.

In my opinion, if you are making more than 150k and have five properties you could benefit from working with a CPA.