And now it is easy!

How you hold isn't going to impact your taxes (generally) and may make your tax filing more complex, and seller financing is going to make it complex enough.If I were starting out now I "might" set up LLCs and use one LLC for every 3 properties, but I might just do it the way I've always done it.Good luck and welcome aboard.Depending on your state law you may find that outright sales, with low down and easy qualifying, are easier to do than L/Ps.all cash

Easy way to check out comps from home.

The only think I could think of is that the 350k home in the nicer area is in bad shape or maybe has never been improved.

It was easy.

I always wonder why people get bent out of shape about "taking advantage" of other people.

Hey Doing title searches is easy.

Hi there ok I found a motivated sellerThe reason she selling it is because of pending bank foreclosureAsking Price is $465,000Market Value is $571,000Here Some More Info:Style: BrownstoneExterior Condition: High Average Exterior Wall: MasonryLot Frontage: 17.83ftLot Depth: 100.00ft Lot Shape: Regular Lot Square Footage: 1,783Finished Sq.Footage: 2,139 Residential Units: 2 Commercial Units: 0 Commercial Sq.

you're right about non-rcourse, butr those aren't easy to find. in my scenario i won't have to go that route. the company i'm working with is at www.wolfecapitalgroup.com. the guy i'm dealing with is Tanner at 702-982-5226.i'll also be giving you a call.you did exactly what i'm doing, but you have to be very careful in the wording of your LLC and way you purchse it with self-directed IRA, or you'll have IRS problems.i found a good article at www.paladinregistry.com/LFP/article_detail.php?

For me, that's an easy choice.