Tax situations can get extremely complicated and the only way you'll get quality advice is to post everything about your personal situation and have someone do a case study.  

I have $6000 in debt (damn dorms) which I have a budget to pay off by the end of May 2016, shockingly good credit, and I share an apartment with my partner, so I do pay bills and such.I've been studying REI for the past year or so, but haven't bought property yet. 

We're currently working with a contractor who is still working on the scope of work and we also have someone coming in to do a feasibility study for the 203k loan, so we were just going to use those write-ups to proceed. 

Study purchasing  subject to existing financing, and notes.

@ShawnMaxey my wife and sister in law are sitting for the exam this week and have been studying their butts off. 

Anyhow, I'm very interested and high been studying and reading non stop for close to a year.

My girlfriend is actually currently studying for her real estate license, which will help us a ton as she'd have access to the MLS, and be a great help when it actually comes to selling any homes. 

They rank in the top ten markets for entrepreneurship in the 2015 Kauffman Foundation study, and all four are in Emerging Trends 2016’s list of top 20 markets for real estate investment and development."2016 Market Rankings"In this year of movement, the Emerging Trends in Real Estate markets-to-watch survey reveals a new number-one market as Dallas/Fort Worth climbed four spots from last year’s survey to take the top spot, leapfrogging state rival Austin in the process, which remains in the number-two spot.

@Jose Gonzalez I am new to this world, I've been studying a lot, when hear about the really good deals that were made just 3 years ago, it makes me a litter sad, but, this is the moment I choose to became a REI, so, I have a lot to do in front of me, looking forward, what I do is trying to analyze mls deals using bigger pockets analysis tools and see if the number make sense, with my lack of experience there are some deals that still can work, in theory, but I know I have a lot to learn about evaluating deals.I also like the idea of buy and hold, while getting positive cash flow, from the beginning, the market fluctuations does not really affect your property value, till you are ready to sell it.I am ready, willing, but not able yet to buy mi first deal, but when I get there, I won't be waiting for the market to be better, I'll keep looking till I find a "decent" deal to put my money to work for me and/or with me.Don't get me wrong I may take more Than 2 years, but I doubt it, deals are been made in Miami today, Is a fact, I know a couple of investor doing it.

I have been reading, studying, and writing down anything and everything real estate investment.....particularly Wholesaling.