And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal, especially early in your process.

They can also pay with their checking account which has no fees.2.

@Brian Bertschi I see this is your fist post so welcome to BP.First 6-7% is not bad historically.

@Ryenell Simon I'm a newbie so I haven't gotten that far yet 😊 But to my knowledge you can pull up one of your local title companies online and register with them for an account.

If you want to avoid RMD's - you may want to look into converting the retirement account into a Roth IRA.California is a high tax state.

You have to do an analysis of what the cash flow is taking into account - mortgage loan and rate, insurance, taxes (High in some parts of Texas) Vacancy, repairs, cost of processing applications, showing, writing up leases or paying property management to do it.   

Currently, I plan to hang on to the cash, and put it into my business savings account while I make further plans for the future.

Account Closed Any other recommendations for places to look?

It's accounted for as a whole property. 

Originally posted by Account Closed:How can he wholesale it on the MLS?