Many, nearly all consumers think that materials make up a much larger portion of the price than they do.

I've been trying to make sure things go as smoothly as possible so when they go to liquidate other portions of that portfolio their first call won't be to a realtor, it would be to me again.

The trouble with MLM's is that some portions of a company are "snake oil" and some aren't.  

When you refinance a rental property for more than the previous outstanding balance, the portion of the interest allocable to loan proceeds not related to rental use generally cannot be deducted as a rental expense.

Hi Joel,I haven't seen this exact scenario, but I did look at an owner occupied 5 plex where they were paying the taxes at two rates- the higher rate for non-homestead and the lower rate for the portion they were occupying.

i.e. land value = ~50k and depreciable building portion =~ 200k.

After I have become proficient at sourcing and selling wholesale deals, I am looking to partner with a successful rehabber in my area to teach me the fix/flip portion of the business with my own generated leads.

Can that child/student have roommates that pay rent for their portion of the property as long as the child/student lives there for at least the 1st year?

Perhaps the guy with $125K can be an equity partner on title with you, so that way he's not in first lien position, and you can find another lender, using the $125K as your portion of the cost.

I'd rather find more sophisticated money and surrender a bigger portion of the deal in trade for greater protection from suit if things go south.