Consequently, we have a harder time finding renters in those areas as we apply our same pre-qualifications standards to those units (Income 3x or more the rent; no previous evictions; avg. credit score of 600 or better).

If I haven't sold the property yet, just like Spencer's situation, and I am going to write off the costs in 2018 when it is sold at that time, do I still need to list the items to improve the inventory under Sch C Cost of Goods Sold this year, which is the year of purchase of the items to track inventory or is there no inventory because it is all capitalized under Sch D?

I know David Greene reached Financial Independence before he turned 30 - but he wasn't tracking it then so doesn't have an exact date/age.Mr.

Am I on the right track?

I have done a little research on companies that integrate with QB and can track project costs specifically.

There are lots of reasons why the person isn't getting a loan even though they have that much cash: could be maxed on the number of loans (10 usually). credit issues, contractor (1099) employment, etc  It can sometimes help if the buyer can provide a credit report to make the seller feel more comfortable.Good luck and welcome to BP!

Are there other options you offer, like a third party option for paying with credit ie (paypal) or a direct bank draft from a checking or savings- looking for ideas/options

I have a few goals as of now, and I wanted to start off with wholesaling because of the lack of credit and capital.

Hi All,My offer was accepted but the seller has a C of O (done 18 months ago) that is not transferable and will not give credit for a new one and is not negotiating. 

This is derived from a model developed by the credit industry and would include homeowners who are just over-stretched with high mortgage and not enough income.