This can be done under one deed of trust.An institution might make a "technically" second mortgage so that a lower loan amount can be made and offer a subordination of the first to make them smile, or a private lender should jump on that.See your account administrator before using funds from a qualified plan to ensure the terms don't taint the account.

I'm guessing most flippers (unless they're a larger company) don't have the advanced systems in place to exactly separate out G&A, indirect, and direct expenses appropriately at this level.However, if the mileage is directly related to that exact house (such as driving to the house, or going to Home Depot for supplies) then it is technically a direct expense.

My wife and I have transitioned into our roles as parents, I've had a couple of nice promotions, and I am almost done with grad school (MBA).My background is in accounting.

I plan to ask for references from a previous landlord at least (2) and proof of income, are there any other requirements that I should have such as a background check and how much should I charge an applicant for these services, is there a ROT I should follow, are there any good websites to provide guidance?

John's and work at Braker / Mopac.I'd enjoy meeting for coffee sometime and learning more about your background.

Have hit that goal 6 out of the 7 years (only missed it by one a couple years ago).Have some offers in now even though I don't technically have a financing spot for any more right now.Slow and steady wins the race.

You can also set key word alerts to keep up on topics of interest or on certain locations.With your background I would look hard at properties that are in need of fixing up, that you can acquire cheap then fix up and rent for high cash flow.

A little background: I'm very interested in a buy-and-hold investment strategy.

With backgrounds in real estate and construction I'm sure you and your husband will make a great team.

Juries have been known to render ridiculous verdicts and judgments based on small and rather technical violations of securities code.The way to mitigate the risk is to have a private placement memorandum, partnership agreement and subscription agreement produced by an experienced law firm, compliant with all requisite Federal and state regulations and "safe harbor" statutes.