Hey @Laurence Andino - thanks for the background, so if the owner (your client) doesn't actually own the real estate, it's a business sale :) There are plenty of brokers and even online marketplaces to buy & sell individual businesses.

In America, it's both common and easy for each individual mortgage agent to have their own personal listing as a "business" on Google.

Go to consumer access to check on a company or individual to check if they are licensed.Note that private money and hard money lenders may not have an NMLS number since they make business-purpose loans, not residential loans.

Real estate is as much of a relationship business as it is a numbers one, and having a team of solid individuals with you can greatly mitigate any growing pains and shorten the learning curve!

It’s my hometown so I know quite a few individuals involved in real estate in the area although I’m not tapped in like a local investor would be.

It means a single unit (often) among other units that are individually rented.

I would say that I have had to kiss a number of (how shall I say)....individuals.... until I found the five to six I like enough to trust with my money for 5-8 years.

In doing so I’ve been listening to more podcasts on the subject and have heard that when closing on 5 units and more the approval process is more based on the property and less on the individual.

The HML lender I work with prefer LLC's but do work with individuals. 

Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...