The Exit strategies, Power Team, LLC, etc.

Here is part of the Declaration of Independence, which, by the way, is NOT law.We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

There shouldn't be any tax consequences because there's no profit, but you should still check with an accountant.If your mom is still mentally fit to sign off on it herself then that would probably work or possibly someone will have to get a power of attorney for her.And if the property still has a loan on it, then being fully aware of the implications of the Due On Sale Clause will be paramount for you too.

It is very important to have a power team when your are trying to invest in to the real estate market however, I am having a hard time finding a real estate attorney and Realtor to complete my power team.

I think it's because every state, region, and city go their own way, powered by their own economic strengths and weaknesses.

Ultimately, your negotiating power will have more to do with the motivation of the seller..

It is certain tools, the power of networking, the balance of personal use and business, definition of spamming in Social media, video, live streaming, proper etiquette, people, facebook, twitter, tumblr, bam, bam, bam!

I understand the power of leverege but i just want to pay cash and have the equity to start.what are your thoughts/opinions?

I would hire a plumber and electrician prior to running water or turning the power on!

Hey Tiger,More power to you, especially at your age!