A big problem I see is people exchanging trying to use their attorney or real estate broker to hold the funds.With a few exceptions all of these are considered disqualified parties:A close family member or a controlled corporation,partnership,or trust.OREmployee,attorney accountant,investment banker or broker,real estate agent or broker.If you use these people you can get disqualified from the exchange and create a taxable event.You have to use a proper QI or years later you can get a nice surprise from the IRS.Some clients have asked me and I tell them they need to place the funds and the whole process with a proper QI.No legal advice

It doesn't sound "illegal" but this whole thing with a "mentor" taking a $2000 fee and then his wife also being the seller making a profit without disclosure leaves a little bit of a bad taste in my mouth.There are probably many who would argue that by being in the hard money business, I'm the pot calling the kettle black.

If you have a junk offer with junk terms it's better many times to reduce the price a little and try to do a regular deal.With owner finance the seller still has to worry about the property,that you will file BK,that your LLC will file BK,that you will leave the property in worse shape then when they sold it to you,and a whole host of other scenarious like that.

So we did not see that much of an impact on the year over year percent as a whole nation.

Two gals of gloss polyurathane will do the whole house for under $100.00Do not use the water-based stuff.I gave up on tub surrounds years ago.

Could you elaborate on goals that you'd like to achieve, ie. have $10mil in assets or $500k cashflow/year?

Yes, I whole sell.

Geof Greeneisen You're right, that does sound strange asking if anyone wanted to buy the whole lot first.

You need to get thee whole story from the seller.

My goal is to achieve at least 15% cash on cash rate with 25% down and 30 year conventional loan.