This quick flip highlighted our ability to identify and execute high-return opportunities efficiently.

@Crystal Mendoza if you have time and the ability to self-manage there are some tax advantages that you should include in this decision. 

Can be structured in a way that you retain maximum flexibility in ability to refinance, sell notes, or utilize as colterol for future endeavors etc etc.. 

Your exposure to risk varies based on your honesty, ability to document, and your location (e.g.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $66,000

Cash invested: $30,000

Sale price: $169,000

My First Flip!

How did you find this deal and how...

Yes, you get your benefit faster by improperly claiming this an expense, BUT besides it being technically incorrect it can affect your ability to get certain kinds of financing.

The numbers and the ability to participate in a highly underserved segment of the market with Sect 8 and Vouchers made sense.

You can do this out of state, but you have to have the right PM and very few have the ability and skill to manage challenging areas.

You can also provide multiple invoices to show no dramatic drops in usage, which would indicate the heat was still on.If the landlord doesn't have a bill, that may indicate the utility was off.

This plan will be sent to prospective Equity Partners within the next week, any input is appreciated.FIX AND FLIP/BUY AND HOLD BUSINESS PLANAS OF 15 AUGUST 2016MISSION STATEMENT We will strive to improve our properties to the best of our ability.