Thus the wholesaler maybe in a situation where she needs to pay double realty transfer taxes.Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

I've been reading through past discussions on this but would love some advice from seasoned property managers on my particular situation. 

Hello,Here is my situation.

I am looking all around the DMV but have found some properties that are favorable to my situation in the Capitol Heights and Silver Spring areas.

@Marc WinterI would say, I would kind of need to structure the deal is such a way, or atleast, considering my financial situation, it would make the most sense and have potentially less risk than using a HML, insofar as the concerns you mentioned can somehow be addressed within the contract.The house in question has an ARV around 225K, around 25K in repairs and I would offer to buy at no more than 140K.The 10K I have to work with would not cover the downpayment on a 140K loan at 10% with a HML, unless I structure the deal with partial seller carryback on a note for 50K payable after the sale is complete, in which case I would need a loan only of 90K which would leave me 1K to cover interest payments, assuming points are rolled into the loan and a bullet loan is not an option.She is my neighbor and I'm on very good terms with her.

Avoid big complexes I’d Explain Your situation up front with him before he even runs a check on you .

I know it’s not a horrible problem to have but I also don’t want to turn it into a horrible problem.Would love to hear any advice especially if someone has had a similar situation.

With respect to new tenant (regardless of whether the family member is going to rent), how would you handle the washer / dryer situation?

@Shiloh LundahlThe question is completely dependent on each individuals current situation and future goals.

Due to our current living situation, we have the oppertunity to pay off 90% of our debt within 1 year.