Let me know how I can help you...I am eager to network, connect, and work hard alongside all the other Bigger Pockets friends.

A qualified residence means the taxpayer's principal residence and one other residence (second home) of the taxpayer selected to be a qualified residence.The reform bill also includes limitations around the amount of home equity indebtedness both by itself and relative to acquisition indebtedness.I would emphasize my original comment, consult a trusted tax advisor before using home equity loans as an investment funding strategy in tax years 2018 and beyond.I imagine this new bill will be keeping our tax people fully engaged for a while!  

This is my first post on this site and I am excited to be here alongside likeminded people.

Let me know your thoughts.Bitcoin Cash and Real EstateThe Low-Down on Real Estate ICOs-VinceI'm sure I will regret engaging in this....basic economic supply/demand models are utilized for goods or services.

You wouldn't actually purchase the property from a wholesaler, unless the wholesaler is the owner of said property - and then you would just be buying a deal.There are several ways to wholesale, but ultimately you would be purchasing the wholesaler's position in the real estate purchase contract, and that wholesaler would then assign that contract to you as the buyer.You probably wouldn't use your agent in this scenario because agency has to be created prior to engaging in contracts - and Real Estate contracts are different than Agency contracts. 

Not sure how long your engagement was with either broker, but sometimes these types of transactions can take a little while.

@John WhitridgeFrom my perspective having raised about $6,000,000 in syndication deals so far, investors are naturally concerned about:  (1) your track record; (2) the strength of the deal; (3) asset preservation; (4) returns; and (5) if you are investing alongside them.  

The next step in the process, which I am now engaged in is to refi or take out HELOCs on my 2 new properties.

The FTB takes the position that a foreign LLC does business in California if any member, manager or agent of the foreign LLC conducts business in California on behalf of the foreign LLC.FTB’s Statements on Doing Business in CaliforniaCalifornia defines doing business as “actively engaging in any transaction for the purpose of financial or pecuniary gain or profit” (R&TC Section 23101(a)).

Congrats on taking the next step and this is a great community to be actively engaged.