White trim, black shudders and a pop of color in the front door(s).

There are inspiring people to learn from, tons of great information and a strong support system. 

Everything went well, at that time the seller had paid their property taxes in full, and as usual when we were completing the transaction the notary or lawyer calculated the pro rated amount of taxes that we owed to the seller based on how many months were left in the year.

But I at one point have businesses in LLC's, S Corps and a Real Estate management company in a C Corp., and file all the tax returns for it.

Banks probably wouldn't touch a loan with no income and questionable credit, and a true hard money loan wouldn't be appropriate since he's not buying it as an investment. 

This would be a brand new HELOC and a new construction so no existing mortgage.

Almost daily I see properties posted in the BP Marketplace and many other REI platforms with terrible deals and a ton of people asking for additional information or expressing interest to buy, and when you look at the profile of the interested party, it's a new investor trying to accumulate doors quickly regardless of how bad the deal is.I don't blame the scammer alone, I also blame the scammed for investing while uniformed.

Completely illegal and a felony if they want to pursue charges.

Below I have broken down the income and expenses for the property I am thinking about making an offer on, there are four different scenarios that I have listed; a 5% down payment where I live in one side, a 5% down payment after I move out and rent both sides, and a 20% down payment for each situation as well.

My wife and I both have full time jobs at a local company and a 1 year old...no better time to make life more complicated!