State Laws and Requirements Local Laws: Real estate is generally governed by the laws of the state where the property is located.

Should I sell the properties, take the hit, and then buy a new property under a business loan or am I allowed to 1031 while changing ownership to an LLC?

Successful real estate investing requires a robust investor list.

Other than networking and searching for "Wisconsin Real Estate Wholesalers" on Google, does anyone have suggestions on how to find wholesalers in my area? 

They have been in the RE business for 30+ years.

That right there will set someone apart in the Detroit market, sadly.I can't speak to his PM business from a firsthand perspective as I've never had him manage any of my properties (I still self-manage). 

Reason:  Want to access equity for new business but credit not good so selling and finding a rental not a good option. 

The trick to real estate is not panicking over the downturns and all the things that life throws at us.

Hello all, I am new to real estate investing.

It’s advisable to consult with a tax professional or real estate attorney to ensure the arrangement meets both your needs and complies with tax laws.In a seller financing deal, once you start making payments, any equity you build in the property does indeed go to you, not the seller.