Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?

I have experience as a Residential agent in Denver, CO and as a commercial Leasing Associate in Chicago, IL.I am planning to purchase my first rental home here in the next year or so and make it my primary residence.

This negative position can consume years of cash flow to recover.

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

Does the LLC legally own the property that was purchased? 

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

I would highly recommend finding a lender that does 10% of purchase price down because it will ultimately be less expensive for you.

I'm 53, married with 2 kids less than 17 years old with debt only from purchases on credit cards and my home.

To defer all tax you must purchase in total at least as much as your net sale.