My friend wants to join a real estate agent in Philadelphia, PA  who also does wholesaling but isn't sure on whether or not to do "business as" herself to report income from wholesaling or if she should request the agent to create an LLC and then become an "employee" although since they are building the business together they are business partners. 

Hi @George Noss Jr,Welcome to the community my friend.

I've talked to many friends/family and I just dont know what the right answer is - but almost unanimously everyone says two things, "These are historically low interest rates."

Timberland Bank is investor-friendly and they are a portfolio lender, so it might be worth establishing a relationship with them for future investing needs.

I'm looking for an investor friendly General Contractor to do full rehab for a flip SRF.

Hi BP, Does anyone have a great lawyer in philly who is efficient and budget friendly?

Hi, I am new to the DC area, and am looking to start investing in real estate. I am in need of a real estate agent and am in need of recommendations. Any help would be wonderful. Thanks!Garrett

But from personal experience, I'd might do a land contract in which the seller becomes the bank for a time, until  you satisfy the contract, and the deed is held in escrow by a title company.Another scenario is to have the seller form an intervivos revocable trust, put the property into the trust, and assign certain beneficiary rights to you, along with a resignation of trustee (assuming the seller becomes his own trustee) and a quit-claim of any beneficiary interest to you, all of which is held in escrow by your title company.Remember, you and your neighbor can be as friendly now as front porch cousins, but when you throw real estate and money into the mix, ya never know how it might end up. 

A friend of mine owns a lot and wants me to build a spec home on it to sell and we split the profit 50/50.

I can’t count how many people I now consider “close personal friends” have come from people I met on BP.