Great place you have here.My basic plan is outlined above.

Reggie,Forgive me if I get too basic here.

I want to start and have only the basic information I have read on the web.

Hello all, I usually do basic wholesaling, but recently got into sandwich lease options.

She basically said if she is giving them a $5000 fee she will price it $7500 higher and then asks for the $2500 in closing costs.

Are there any basics that I should know about flipping as well as basic first-timer mistakes that I can avoid?

.:...My understanding is that the highly touted tax benefits of owning rental property boils down to [1] you can write off expenses (but I don't see that as a benefit; I don't think people should pay taxes on money they didn't make), ...Well, for the most part the expenses that are a "write off" reduce income that was actually received in the form of rent; so that basically just lowers net income received.

Phillip here's the basic info.

I was not sure if this is a new concept or if people have been able to put a time frame on being a guarantor.

Basically, it's creating a situation where you know that someone is going to get hurt.