LOTS of people get down payment gifts from family, and LOTS of lenders & borrowers prefer that gift funds go directly to escrow to keep the paperwork a little lighter (one less round of "source this deposit" and bank statements and transaction histories).

I am hoping to find someone who has broken the surf I know I have plenty to learn but I can only read so many more books until I have to just get that first deal under my belt.

That said, @Brandon Turner has said on numerous podcasts and in his books that he likes to present several options to the seller in his offers.

These have been on the books for years, and only so many are offered for sale at a given time.

. $400 per transaction side is what I've found so far ($800 total).

Could be civil and/or criminal depending on the transaction.

Who's using Dotloop transaction management software?

I took breaks from listening to the podcasts to listen to the books that the guests mentioned.

We did about $8k of rehab.We put $52k related to the deal in a qualified intermediary for a 1031.We pulled the $52k out and bought anther investment home with cash for $72,500 last month.The HOA won't let us rent it, so we're looking at selling the home.We essentially entered into a contract to sell the home at $105k but with this deal, we'd have to owner finance it.Terms: Sells price $105kDown: $5kInterest 7%10 year termI'm trying to figure out the tax implications of this transaction.

@Joseph Wang you might also want to checkout some of the books on this BP reading list.Best,Andrew