Acquired for $155,000 and resold for $250,000 the same day, the deal offered excellent profit margins.

I acquired a multi family a couple of years ago in Brooklyn, NYC.

The property was acquired for $120,000, with a resale potential of $210,000 after minor updates.

They started off in the one-off single family home modular designs but in the recent years have acquired facilities across the US to really ramp up supply to meet the demand of the market especially here in LA for developers looking to big large affordable multifamily housing.

I have an investment property in an LLC acquired through a 1031 exchange.

Recently acquired a single family property through a death in the family. 2000sqft property needs a full gut and plans to turn into a 2 family.

Why would equity be important when acquiring a house via subject-to?

This is for anyone who does cold calling campaigns to acquire real estate deals.  

Contact numerous lenders, prepare financial paperwork, and acquire a mortgage pre-approval letter.

I just acquired it and would like to report this property on Schedule C to deduct the loss of first year operations and expenses against my other Sch C business(es) and my husband's W2.