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27 October 2024 | 3 replies
Original plan was to fix up, rent, get some tax savings, and refi.
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29 October 2024 | 24 replies
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on the next MUP, then repeat until I have at least a $1M portfolio.
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28 October 2024 | 7 replies
Then I get the prospective clients making 6 figures on their regular job but they're still swapping out doors on kitchen cabinets or fixing toilet guts in the evenings and can't see the forest through the trees yet.
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27 October 2024 | 13 replies
Instead, they often suggest investing in bonds and other fixed-income assets, which are generally lower risk.
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25 October 2024 | 5 replies
looking forward to connect and see if there is a chance to partner on fix & flip.
25 October 2024 | 2 replies
Scaling a real estate fix-and-flip business can be a complex endeavor, but partnering with an earnest money lending partner can provide the financial support necessary for rapid growth.
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25 October 2024 | 14 replies
Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix it up, refinance, and rent out.
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27 October 2024 | 8 replies
In one case I game them a percentage based rent for a year as well (covid), then reverted back to the fixed lease afterwards.
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26 October 2024 | 1 reply
The property owner could fix up the property to a minimum standard and then deed the property over to the Governmemt.
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26 October 2024 | 5 replies
If your property is in an S Corporation the "distribute" or "sell" or "fixing cost" of the property might impact your tax situation.