In the other setting, with two separate loans and transactions, you would be subject to normal lock periods like any other loan because that is essentially all it is.

This will save you so much headaches down the road because if you have it in an interest bearing account you have to show the tenant paperwork of how much interest they earned while you were holding the money etc etc.

., the price premium a condo possesses vs. coop is the price of freedom essentially. 80% of apartments in Manhattan are coop.

Every location is different, but I'd advise CYA & getting all the required paperwork.

(to be a broker must be an Ohio agent for 2 years, complete 20 transaction sides, complete some business courses or have a collage degree & have an office with a sign stating your operating hours)Essentially what you could do would be "Net Listings" There are very very strongly discouraged.

Essentially asking the owner if anyone of the current tennants are past due or historically a late payer would be something I am interested in.

Eg:Effective ways to look for properties (MLS, Realtor.com, Redfin etc.)How to analyze an investment home (2% rule, 50% rule etc.)Steps in engaging with a hard money lender (paperwork required to be signed on, usual values for points and duration of loans etc)Steps involved in rehabbingSteps involved in putting a tenant on the rehabbed property etc.My idea is to make a kind of flowchart that I can use as a guide through the different steps in evaluating the property to the final stages of putting a tenant in the property.I'm located in Farmington, MI and would even be glad to discuss this over lunch or dinner if there are any members that would want to meet and help fill in the gaps.Best,Sid

I'm now essentially in a position where I have to find a provider and tell Fidelity to rewrite a check in their name.Im not self employed so the solo 401k is out for the time being.

I am pretty dang certain the few short sales I have purchased the banks would not have been ok with it because I had asked if i could close in my personal name after starting the paperwork in an LLC, and basically it had to go through the whole chain of command again to get approval from every lender involved to change the name again at closing time.

You lose essentially all of the tax benefits.