It is done through the tax favored wealth creation vehicle of capital gains.

Banks don't look favorably on refinancing a conventional loan so quickly after closing on a new home purchase loan.

I've read one of Josh Dorkin's posts/articles somewhere here on BP(unless i'm misunderstood) that he doesn't favor writing a check to the seller or using the property's equity for that purpose, instead he rather give the seller a promissory note stating that he will pay the seller within a certain period of time after the property has been sold.The thing is I'm planning to buy & Hold so i won't make any substantial gains to pay the seller with and i don't have money handy to just write checks...

Do yourself a favor and take steps to reduce your risk.

The lease was not transferred in my name, and I refuse to take over the lease due to less than favorable contract terms.I'm interested in purchasing the system and wondering if I'll be entitled to any state or federal tax credits?

The cap rates are still favorable in many parts of the Dallas metro.

We've actually started writing more LOIs on assets in markets like Ohio because were tired of WA state rejection and competition.On the flip side we've closed a decent amount of deals completely off-market at favorable terms.

From what I understand the laws are in your favor because the friend is under your roof.

Additionally REITS were given very favorable tax treatment (in that they needed to return at least 90% of their profits back to investors and as a result would not be taxed on this capital.This to me makes it a favorable investment as well from a small investor like myselfs standpoint.Anyway, if I want anyone to walk away with somethin from this thread it is please understand what you are investing in.Best regards,Chris

If you give the agent what they want (and don't try to usurp their commission), they have the ability to work in your favor.