the person who rent it has one review .

Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

I personally like to do the texture patching because I am very good at it, but it is a hassle, and I feel like I should be able to charge them for it.

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

.- You both report your share on your personal tax returns and pay taxes based on your own tax rates.3.

We did put in $20,000 in cosmetics, paint, floor coverings and minor repairs.

I want to make sure I’m as prepared as possible before diving in.Thanks in advance for any advice or personal experiences you can share!

If this is a project for you and you are newer to flipping I would have a seasoned person/mentor help you through this that has done it in the city for example @Joshua Janus as he mentioned it did it.

Appoint the appropriate managers, keep money on the side for repairs.

You can always have an accountant review your return for a lower fee (around $200-$300).Biggest thing: Make sure you’re tracking all deductions (mortgage interest, depreciation, repairs, etc.).