So know this: Learning the ropes is generally not quick or easy.You should avoid anyone with a whiff of “get rich quick” in his sales pitch, as well as “no money down” buying strategies.3.

Commission to buying agent was 2%.

Investment Info:Single-family residence buy & hold investment.

I once used it to buy a house when I wasn't looking but where the deal was too good to pass up.

if you buy, develop properties and then sell them.You are considered a 'developer' and the land / houses are inventory. therefore, the income would be ordinary and not capital gains.

Investment Info:Single-family residence buy & hold investment.I lived in this home for almost 2 years and had always been interested in turning it into a rental.

Are you buying to occupy or rent out?

I would be interested In buying with seller finance.  

Their figures aren't the exact amounts that I actually invest/buy/sell.

I am considering buying a property that I would like to use occasionally (6-8 weeks a year) while in Tallahassee but set it up as a STR when I am not in town.