There are things I go through to make sure my mind is ready to for the tasks I need to focus.

So here I am, fired up and ready to network with you BP people!

My name is Raphael and I just turned 22 in the DC area.I have successfully closed 3 wholesale deals currently, but came across a situation with 2 Multi-Families that seemed to need a more creative approach.Check it out..I have a seller that owes 2 Multi fam buildings.Wants to sell for 1.2 Million.Willing to do Lease Option or provide seller financing.Needs at least 600k Down...Now..I have a NY Buyer ready to put down 750k and purchase it total at 1.4 Million.Obviously financing the rest.1,400,000-750,000=650,000What is the best way to work this deal out so I can provide a WIN for everybody and still make Big Bucks!

The fix could be relatively simple and cheap.While other investors run with the assumption that this house is ready to be bulldozed, call some local foundation companies and get some quotes.

You should be armed with a ton of info and ready make some things happen.

I'm ready to back out but my agent said I still have a week to think about it.

@David Lee when you get to the point where you are ready to schedule repairs.

My question is what is the criteria he chooses when buying his list / asking of his list from the title company.If anyone knows or Aaron can chime in I'm ready to take the advice and run with it.Thanks!

Rehab and repair expenses Prior to it being rent ready get added to your purchase basis, and depreciated, not written off this year.

Once you get ready to close on a property it makes sense to form an entity to hold it in though.