An investor that travels to a region for the purpose of acquiring a rental property will be allowed to capitalize this cost as part of the investment, but this travel would not be a current year expense.

.- The true purpose of life insurance… and which one is “evil.”- How much insurance you really need.- The best advice for investors looking to take control of their financial future.Check it out and listen to the show directly at: BP Podcast 005: Dealing with Death – A Financial Discussion with CFP Neal FrankleAlso, we've now got 87 5-Star reviews for the show in iTunes, and we'd love to take that up over 100!

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I am reaching out to the community in hopes to connect with some great people. I originally got into this business because I wanted to earn a living - independent of the corporate environ...

Yes, subsidies are repaid on a sliding scale over time and are for owner occupied direct loans and yes, difficult to get as to timing much like bond money with FHA.I doubt USDA is even available near Dallas, the primary purpose is to serve underserved rural areas, Dallas certainly isn't rural!

I am going to be purchasing some single family homes (mostly wood frame construction) in Central Florida for the purpose of rental income.

would HML usally be willing to facilitate a wholesale just for a transactional funding purposes ?

I had another wholesaler call me yesterday looking to sell his contract. thats was all fine and dandy until he told me how much the contract was worth $240000. now the area the home is in has very few home that are over $200000 mostly multi families in the area. what he did was contract the home for the full ARV and didn't use the wholesale formula or do any repair cost estimation. what im trying to do is salvage the deal by contracting his contrantract and doing it all the correct way using the the wholesale formula running comps and repair estimates etc. what im wondering is if i should wait till his contract expires since its for the $240000 and then contract it again under the real wholesale offer amount. i have a investor lined up for the house ironically they are both trying to sell homes in the same area. i don't think i will have a problem with contracting the first deal at all since its clear this wholesaler isn't as educated in the process as i am at the moment.

I am doing very basic and not paying debt service etc.Stabilized 500 X 20 units = 10,000 month X 12 = 120,000 gross expected income yearly120,000 if landlord pays no utility use 50% costs for resale purposes.

For practical purposes, I would hire someone with a truck mounted rig since it is questionalbe whether you could depend on someone with a portable to take the necessary time.

The entire purpose is to put police, firemen and teachers in the area they work.