These two houses would form a condo association, with each having 50% say in how the association makes decisions.

If you do try to form a partnership and solicit funding, you need to get good legal advice.

You can all ways walk a way form a deal and still have money in your pocket but there is no guarantee that you will walk a way with money on every deal!

How do I ask FNMA for a chance to re-list an expired listing form a different broker. there's a listing the agent let expire.

Different states have different rules.If you want to form a pool consisting of California investors, I can reccomend a good attorney for setting it up.

A 1099 is a very short form. As

I truly believe wholesaling you have to be a people person or just down right "motivated" to build client list first and then start searching for homes.Also, by joining a club, you get to meet other wholesalers exchanging of information or form a team.Create list through email and take pictures of properties and short info and blast the info to your clients.Don't forget BUSINESS CARDSSSSSSSSSSSSS

Also, when buying an existing business, it should be an “Asset” purchase, not asset and liabilities… Ask an attorney for help here… You are simply buying the "stuff" the company owns… Then you form a new entity (Corp, LLC etc) and name it very similar to the old name, so you can retain the customer base.

@J Scott@Will BarnardFrom the property listings I've seen, expenses that go toward both the actual and pro-forma NOI calculation are vacancies, collection losses, property taxes, insurance, maintenance, legal and accounting (if any).

My 2 sisters and I inherited our mothers condo in 2005, put the property into our names in 2006, we decided to form a LLC in 2007 for tax purposes, now we need to file taxes for 2006, 2007 can 2006 be filed under the LLC.