i am getting the washer and dryer in the transaction, but no fridge.

One truism shared was that conventional lenders cap seller concessions to 2% for investment property transactions (there are non-prime lenders that will allow for up to 6%, but you will be paying a higher interest rate for this benefit).

What we do If a borrower has a viable transaction (eg. commodity deal) with an Exit and/or has a Project/Asset (eg.

Search online and this forum. the information is out there just need to find it. also ask friends and family if they ever purchased some items in the past and read those... i told my parents about my plans and my mother bought a couple of programs in the past where i learned some howto stuff... also on these forums there is a forum dedicated to rate books and other investment tools to see if they are worth it. do more online searching than anything... make sure u dont buy something for it just to collect dust. find out everything for free while u can and make a decision if you really need to buy a book. check out creoline.com also. it's a creative online investing site they advertise products there too but i jus read the free articles.

Second, if you know of a transaction where the property was appraised lower or higher than the value and this was done on purpose both the lender and the appraiser should be turned into the authorities.

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There are numerous stipulations to do a 1031, and the main one is that a holding company must take care of the funds from the transaction.

Emphasis on the fixing up - that is more appealing to me than the transactional stuff - buying cheap and selling at a good price, though I know the latter is important, too.

Think about a 1031 exchange.A 1031 Exchange is a transaction under United States law which specifies that if an asset (usually some form of real estate such as land or a building) is sold and the proceeds of the sale are then reinvested in an asset of a similar kind (like kind asset), then no capital gain or loss is recognized, allowing the deferment of capital gains taxes that would otherwise have been due on the first sale.

The IRS collapsed the transaction as a step transaction and recharacterized it as a cash out, taxed it, and the court supported it.