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As we all know, though, it ain't easy to get one's parents to see the errors of their ways and to come around to the wise and enlightened path that we, their children, see so clearly.For that reason, I would advise you to consider the shortest distance between two points.

However, the method employed needs to be consistent in the system selected, use any one method you like, as these are the standards used in the prudent approach to underwriting.I'd advise you stay with the thinking behind secondary market underwriting methods, that is not saying that a borrower must meet the requirements under any secondary market program.

There are advantages and disadvantages to everything and someone who can sit down and get a fully understand of the entire situation would be the best source to advise on you that.

J Scott I appreciate all your advise you give on here.

R.E investing has really been the ONLY thing that has REALLY excited me and I've 100% fully committed to make it work, try explaining that to your school careers adviser!.

With all do respect, you might want to get some experience under your belt and actually do a deal before advising others that it is easy.

Without knowing how much you have into the property and whether it would cash flow if you rented it out, I don't think we can advise on that.

He told me that in his opinion the tax implications would be the same for the seller and that it was generally not advisable to buy an LLC but instead to buy its assets, aka the property owned by the LLC.  

Any advise on what I should be watching out for?