Sean Terry focuses on wholesaling and subject-to from private sellers.

So, since the property ownership is a 50% split between the both of them, then whatever is the net profit after the sale is completed, only 50% of that should go towards paying the lien and the other 50% should go to the other seller.

You will then get to prorate the gain between the number of years you lived in it (tax free) and the years it was a rental (pay the tax).4.

When they want a car, they pay 50% and I pay 50%.

Min buy in is 50k, pays quarterly distribution. timeline 5-7 yrs, getting very good loan from insurance co source at 6.75% or so with interest only on yrs 1-3 then no defeasance penalties thereafter if they re-fi or sell.

So it can be a bit tricky to do it this way, but ultimately, requiring that hold deposit will let you eliminate the risk of a tire kicker no showing on you when it comes to pay and you've already told everyone the house is rented.

Focus on buying smaller multi-family homes, houses with extra living units, and homes with cellars.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I recently founded Auben Capital Partners to focus my time and energy on raising capital.Today, I lead a team of SFR experts who have transacted over 2 billion dollars in sales, completed over 30,000 renovations/developments and leased over 20,000 units.However it was a long road to get to this point, full of lots of challenges and lessons learned.

I am wanting to find properties that are not on the MLS or pay a hefty wholesale fee if possible.