@Marcus WelsonTalk to your cpa but I am 99% sure you cannot write off that debt - as even though it’s assigned to you - you did not pay for itFor example I cannot buy a $500,000 mortgage that was lost to a tax lien for $10 and then write off $499,990 otherwise I know a lot of people who wouldn’t pay any taxesI could write off the $10 which is what I paid for it

I would like to connect with anyone to learn more about the market and the people to point in the right direction.

My advice is to connect with people who are already investing in the locations you prefer.

In our experience, buyers always add 2-3x the actual removal cost.I love wholetailing because we get the speed of wholesaling and the margin of flipping by doing a little bit of both.You just need to be able to get the liquidity to support the transaction, which we do through private lending.We always use other people's money to make our own money.

Sometimes, people in that chain are terrible at their job and when that happens you get a sh!

I even was able to attract better contractors once the projects were in nicer neighborhoods - all thanks to other people's money.I guess I never looked at the cost of the money (fees/interest) as a negative, since I realized that in order to experience growth, capital would be necessary.

What are people using to manage/track their fix and flip milestones, tasks and progress?

I see some people mentioning this.

I will just warn people that taking money from your HELOC as is a risky proposition.

Bump, come on folks, Chris helps alot of people on the forum.