Would a cash out refi be an option?

.- Then you will pay part of your assignment fee to the realtor, according with your agreement (30% of 5,000$ = 1,500$ if you found the investor or 70% of 5,000 = 3,500$ if the realtor find the investor) There can be an issue - Probably the investor has his own Realtor to handle his purchases, in that case you will need to figure out something mutually agreed with your Realtor, because he and his Brokerage will not get his split of the commission from the listing agent at contract closingAnyone has a comment about this?

I had some funds remaining in my self directed ira and wanted to see if this would be an acceptable transaction.Here's the scenario:Tyler's (me) Ira lends 50k to John (made up individual) via secured promissory noteJohn’s ira lends 50k to Tyler (me) via secured promissory noteJohn wouldn't be a family member.Is this an acceptable transaction?

I'm looking to get into wholesaling but of course looking to be an understudy if possible of someone in the area until I learn how to effectively perform the transactions.

I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Plainfield" or "Mountainside" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.

Having a full time job can be an advantage because banks love to see that when loaning you money.

You should be an additional insured on your end lessee's policy, and you need your own liability coverage.

Because a 7 percent appreciation on your asset of 525k would be an additional 36k+ which could exceed any year of cash flow you get in another market.Let me know how it works out I am planning on selling mine next year when a lease is up.

We will definitely need to grab coffee or drinks soon and celebrate both of our deals!

Unless the value has increased pretty significantly these costs may eat up any gains, eliminating any tax bill.If you're not living in it and you're using it as a rental then a 1031 exchange (the thread where you originally posted) may be an option.A discussion with a knowledgeable account would be in order before making a decision about selling.