You want to avoid the seller being seen as a "mortgage loan originator".

key thing  will be to avoid  any huge negative  incomes on your  future  schedule Es the other issue to keep in mind is that many lenders  will  have a  maximum cap on the # of financed  properties a  borrower  owns  when it comes to  making new  investment property  loans ...( eg...ours is 10 )

More importantly, I know the importance of sticking to the subject and answering the question instead of attempting to address every aspect of ADA or accusing someone of being uninformed.She has a single rental.

I keep those developers on my black mark list and avoid them as much as possible unless they have a rare incredible property and tenants.

I was just doing research on the Tax Code 179 and most are purchasing their "work vehicles" out of Delaware or Vermont and avoiding the 6-7.5% sales tax since the entity is out of those particular states.  

I am fairly new at investing and have a motivated seller friend who is in a tight spot. Any tips and advice are welcome!He purchased his townhouse in 2016 and it was new construction. There is no equity in it, he purc...

@Benjamin Piecenski If I put all three properties under an LLC, can I use the equity to get a line of credit to avoid all the appraisals, environmental, & cost of refinancing each house?

Guys with neck tats that you would avoid walking down the aisle of a grocery story if you saw one there.

You'll have specific questions along the way about how much certain aspects should cost and you can reach out to experts in each of those areas (PM, insurance, contractors, etc).

If I was starting out, I would focus exclusively on renting to college students and avoid all the grief I went through with Sec. 8 and marginal tenants with crappy jobs.