That will give me a gross profit of 20% minus holding and commissions.

If not holding any NMLS license, I would think twice.

There’s also no community clubhouse or pool, but it’s located in a high-demand area close to pickleball courts, fitness centers, and all the Ballantyne/Blakeney conveniences.Here’s where I’d love your advice:I know higher-end homes can take a bit longer to find the right buyer — should we hold off a little longer and wait for the one who sees the value?

Conventional loans work well for your first few properties, especially if you're house hacking or doing long term holds.

Investment Info:Single-family residence buy & hold investment.

@James McGovern I think you can reasonably demand they fill out a w-9 and if they won't with hold payment.

If they don't want to scale they can be more like my style, super hands off with only five SFRs and everything is paid and owned fully by my holdings LLC, im in control but don't work in my business.

If you sell you wont be able to hold the funds for more than 6 months without a closing.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Trying to do this long distance is often a recipe for disaster as neighborhoods even a short distance away can hold vastly different property values.