1) an investor will pay the least for your house.2) An assumable loan will only help if you owe at least 8-%, preferably 90% or more if the sales price for an owner occupant who will pay the most. 3) it’s been a VERY slow winter.  

Hi All, any input on renovating a house and possible tax exemptions under an LLC?

There is demand for it and demand in this area for affordable housing, in a tourist area where plenty of people have vacant, second/third homes for seasonal fishing and hunting.

Any particular style of house that interests you?

For example, if a seller comes to you, looking for you to help them sell their house, your first responsibility is to help them get the most money for their house, and not try to buy their house as an investor for cheaper.

@Kyle Lamhypothetical example with simple numbers - you buy a house for 100K and fix it up for 50K.  

The first house I bought, I lived there rent free, AND mortgage free, while renting rooms to other people.

I hope you have a house cleaner for your wife !!!

If you buy a house, you have to care for it.

I am under contract to buy and flip a house that I am paying $615K for.