We agreed on $345k with the seller carrying 10% on a 20 year note at 5% for 18 months.Financing the deal went pretty smoothly, although a bit slower at first then I would have liked.

I'm sure the other tax professionals in this forum can agree on this.When considering a CPA or tax professional, it's crucial to find someone who aligns with your financial goals and understands the complexities of real estate transactions.

I agree with what the others said.  

Despenas LLC aka SDIRA Wealth aka Modern Day Living Real Estate LLC are all scam companies that inflate housing prices in the neighborhood only to sell eviction-prone extremely damaged homes with no intent to perform the agreed-upon inspection repairs and send you through multiple corporate hoops after purchase only to completely ignore you immediately after the sale.

I don’t agree to sign a new contract with this larger deposit. 

@Nathan Harden- agree about OH ....I went to school at Miami U and lived in columbus area for a few yrs  ...many friends that still live there ......I live in Seattle proper ( near  Magnusson Park ...also  own  2  properties in Mason County ......father in law lives on  close to 10 acres close to downtwon Medina so we will be dealing with  figuring out the  best thing to do with this  as he gets  older ( he is  83 now) ...stay in touch

I agree with Jorge-can you do better than 7% with your money? 

Definitely agree with Doug, telling the truth and being transparent is one of the biggest advantages that you can have as a wholesaler.

Definitely also agree with with @Pat Aboukhaled about learning on a the Realtor.

I agree that I'd look elsewhere.