As far as taxes go, selling it to you or on the MLS is still selling the property.If the owner includes it in their Trust, it can typically be inherited tax free if it is not sold.To buy the property, I would probably go for a lease option which is not counted as a sale, so no taxes are due.

I have a strong credit score and expect I would be able to get approved for this mortgage.Monthly taxes = $155/month ($1,860 annually)Annual insurance = Estimated $166/month (~$2,000 annually)Annual HOA = $196/month ($2,352 annually)Maintenance = Estimated $250/month ($3,000 annually) (0.5% of property value given that this is a newer build.

Your insights are incredibly helpful for others considering joining our program.We’re thrilled to have you as a partner and appreciate your trust in us to support and fund your deals.

I have a decent apartment building in Hagerstown Maryland with a nearly useless garage.

Ask around your social circles for trusted friends.

So we would definitely have to build some trust among the group before we went that route.

U need money to transact in RE.. other wise become an Agent or a lender and make fee's to build up your money bucket.

Hi Michelle ,Another chicagoland wholesaler here....consider building out your own list by driving for dollars or getting government lists.

You need to take more risks to build faster in the beginning.

https://www.homedepot.com/p/GE-4-2-cu-ft-White-Commercial-To...Looking at option to purchase laundry machines for a multifamily building rather than leasing them through a company.