Then sell and take the proration of tax free profit.

Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month.

Cause you don't want to tell the original seller how much profit you're making?

Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.

Flipping houses in the current real estate climate with higher interest rates impacting long-term rentals offers exciting possibilities.Given the strong seller's market in the Dallas-Fort Worth metroplex, including Garland, selling your flipped property could yield a quick turnaround and potentially higher profits.

I guess we could maybe have the builder agree to the cost of the build and if we sell for more or less then the profits would go up and down based upon the selling price.

Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

“WOKE comes to Hardmoney Resi trans loans LOL”Indeed, @Jay Hinrichs.Hard Money is derogatory.Private Money is deceptive.No one knows what a Bridge Loan is.Now we do Residential Transition Loans.I’m afraid we will run out of space on our business card

Everyone wants to buy a foreclosure until they get to see inside the property.Look at what this guy won at the tax foreclosure option.https://www.13abc.com/2024/02/25/buyer-beware-local-man-buys...It's not always pretty, profitable, and fast flipping like they show on TV and YouTube.