So would that have any effect on taxes to be paid or its just 2nd mortgage to be paid upon closing, making capital gains less (285k mortgage+45k HELOC=330k loan-600k sales price=270k total capital gains)- I am reading that even as a FL resident selling a NJ property i have to pay 8.97% NJ state capital gains tax plus a 1% realty transfer tax.. - so to summarize: 15% federal capital gains tax, 8.97% NJ state tax, 1% realty transfer tax, depreciation recapture and whatever other costs for closing.https://www.nj.gov/treasury/taxation/documents/pdf/guides/Bu...

So, if your contract is based on a calendar month, you giving notice in mid-June would then legally be effective at the end of July.Do you have tenant contact info?

Their initial purchase price or interest rate ect doesn't effect my underwriting.

4.Wholesaling: What strategies are effective for finding and negotiating wholesale deals?

You'll reduce the effective blended rate with every extra dollar you pay down on the 2nd.

It’s like planting a tree – it takes some effort upfront, but you get to enjoy the fruits pretty quickly.What's More Important?

Also, some of you mentioned that saving hot water is a more effective way to go.

Our efficient fix-and-flip strategy, combined with effective marketing and leveraging our network, enabled us to attract buyers quickly.

This quick turnaround and effective strategy demonstrated our commitment to creating value for our pa What was the outcome?

We then focused on marketing the property effectively to attract buyers quickly.