I learned about them from a Rent to Retirement podcast where they interviewed a former W2 FT sales guy in tech (that's me today...) turn real estate investor.

Cash invested: $60 Sale price: $365,000 Sub-to deal with homeowner pre-foreclosure How did you find this deal and how did you negotiate it?

Your new ARV(after repair value) should be supported by an adequate amount of comparable sales in the area(duplex's).

That will put us into the long term capital gains category on the sale. 

If it doesn't work, put it up for sale when the lease ends. 

.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.

Sales comparison A common method that compares the property to similar properties nearby and their relative prices.

Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales. 

Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.