A quick web search looks like Montana is pretty lenient on disclosure forms, but you should check with your local real estate experts to be sure.If a buyer learns of it I would certainly expect them to want a discount or to shy away from the property.

Conventional: 7 year waiting period.

Here is how it can play out in both scenarios (there are more pictures on my website).FlipPurchase price $72,150 (includes closing costs)Rehab $40,353Holding costs $2,184AVR based on appraisal $150,000Closing costs on the sale %10,500 (7% includes realtor fees, concessions, and title fees)Profit = $24,813 (if we sold it at the appraised value relatively quickly.  

Thanks for the quick response Jack!

I'm not super familiar with every neighborhood in Spokane but am a quick study.

Hi @Alex Malyarovich welcome to BP, I'm also a newer investor from north jersey and I understand the feeling of deals going too quick and not knowing where to start.

Owner financing really comes into play on a 5 unit or more because then someone is going to have to carry a commercial loan which is much harder to get. 2-4 families get snatched up quick.

2)How quickly can I complete a physical class in comparison to an online class?

Without leverage you lose the ability to grow wealth quickly.

I can't drive a car off the lot (or drive a car PERIOD) if I don't have protection for insurance and while my car is one of my babies, my INVESTMENT is my baby that I'm building from the ground up.