Investment Info:Single-family residence fix & flip investment.

.:  If only it was that easy amigo.Bitcoin Jesus renounced us citizenship in 2014.Didn't pay $200m in taxes I believe for 2012 (While still a citizen).Interpol just picked him up in Spain not too long ago.So you gotta do the fraud after you renounce your residency in order to run and have better chance of not getting dragged back to US soil hehe well Clayton Morris just took off with the 4 to 5 mil he made selling fake houses in indy and other places.. well houses existed they just forgot to rehab them. 

Once you’ve chosen a home, we buy it, renovate it, place a resident, and offer it to you for purchase.

Investment Info:Single-family residence wholesale investment in Rome.

My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental.

For context, I have $80k in liquidity and $1m in equity in my primary residence so working on opening a HELOC and plan to add multiple properties each year through the BRRRRR method.

I currently own my primary residence and have about 60k in equity.

I reside in NC and the property is in NJ.

300k purchase + 10-15k closing + 80k remodel + 5k for refinance costs. 80k remodel number I got from my father who is a general contractor in the area. 500k ARV x .80% refi (because it would be my primary residence) = 400k minus 15k closing, 80k remodel, 5k refi cost = 300k my original purchase price.

That means either you won't cash flow or your Return on Equity (ROE) will be terrible.Since this is your primary residence you'll be exempted from paying capital gains taxes when you sell.If you sell to your parents, it will be considered a non-arms length transaction and will get closer scrutiny.