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All Forum Posts by: Yenika M.

Yenika M. has started 10 posts and replied 36 times.

Post: Sell my property and make 70k or rent and make 700 a month

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Dave Foster how can my gain be tax free If I wholesaled a home I lived in for more than five years?. Do you know of any tax professionals?

Post: What should I know when buying land?

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

Hi everyone! What should I know before buying land? What research do I need to do?

Post: I'm Planning to use $5000 cash to invest in Real Estate.

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Antonio Cucciniello ohh nevermind. I misunderstood the meaning of house hacking.

Post: I'm Planning to use $5000 cash to invest in Real Estate.

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Antonio Cucciniello Yes. Having two boys plus myself would take up most of the space. I wouldn't have no room to rent out.

Post: I'm Planning to use $5000 cash to invest in Real Estate.

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Antonio Cucciniello How can I house hack or purchase a duplex to live in. If I have two big boys that will live with me already. They are not on there feet yet.

Post: Buying my 1st investment property

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Jonathan Styer Thank you!

Post: Selling investment property

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

Hi Everyone!

Please help me figure this out.

When you sell real estate. Is there a way to avoid paying taxes?

Post: Buying my 1st investment property

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

@Grace Wang Hi. Thank you for that tip. That is a good one. When you say strategies. Are you saying.. What is my different strategies to make income? Please give me example im new at this.

Post: Buying my 1st investment property

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

Hi Bigger Pocketeers,

Any advice on how I should start out? I will be a first time home buyer with a w2 Job and good or excellent credit. I didnt purchase yet. I think I like the idea of renting to gain cash flow. What would yall do. please Help!

Post: Steps to be doing a "subject to"

Yenika M.Posted
  • Wholesaler
  • Philadelphia, PA
  • Posts 37
  • Votes 4

Hi Bigger Pocketeers,

When doing a "subject to" What is the process If you want to flip the house? The property has equity and it need a full rehab. Will the bank let me refinance with repairs needed? Will I have the rights to refinance with the existing lone in the sellers name? What approch do I take? All advice is appreciated. Thank you in advance.