To do that and avoid having to be a mortgage originator (which you may need to address anyway under the SAFE Act) is have the broker send you their note and you close in your name, then assign the note and DOT and they can fund at the table.

Its chock full of competent people in all aspects of real estate ready and willing to help each other out.Another site you may want to check out is j scotts (one of the moderators) site, 123flip.com.

Being realistic about expenses will avoid such a mistake.

Using a trust vehicle eliminates any non assignability issues, and avoids additional costs with a double close.

The partnership aspect is what clears it up for me in that we both will include it on our returns.

But it could have been a real mess.You'll see if there are similar names, even if you're not in similar businesses a bad reputation of one can be confused in the public eye.I'd also suggest not using some strategy in the business name.Example; wholesale might be added in smaller print at the bottom of your business cards along with other aspects you might deal in.The public has no idea what "wholesale" means in real estate, a homeowner interested in selling may not understand and not call you.Your name is much more important in the public eye than as seen by other RE dealers, operators and investors!

Say there is little equity with a pretty house.If you could offer the seller full sales price and avoid a sales commission on a LO, is that an idea?

I've looked everywhere - read books, attended REI meetings, but nobody seems to talk about that step - they seem to avoid it.

With the market crash a couple years ago, it became evident that investing for appreciation was a risky game, and a lot of new investors are deciding to focus on the less risky aspects of investing -- positive cash flow.2.

I would like to try and avoid short sale process and buy this contract for deed.