Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

I need help analyzing this property.Address:2542 Glenn Terrace, Mount Penn, PA 19606Asking Price: $209,000Taxes: $5087 (they are really high in my county)Renovations: $10K-$15KMortgage: ConventionalCredit Rating: 712 median1.

Right now, your fighting saying this square peg won't fit into the round hole. 

Make sure that your tax accountant understands this. 

We also have a huge budget allowance from the city over the next few years to improve public transportation measures within the city.

Where did you take into account the landlord paid utilities?

My name is Jayson A, and I’m thrilled to be here as I take my first steps into the world of real estate wholesaling.

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

Hopefully, if you are reading this, you will not be lured to actually invest without diving much deeper into how any capital raiser or direct sponsor actually goes about creating that return.