So we can afford maintenance and taxes.

I do wanna do business with them but I agree with the earlier post about they don't really account for vacancies and capex so it makes it difficult to cash flow and that's why I haven't pulled a trigger with them.One other thing is I'm seeing the area has a pretty high property tax that's making it even harder to make sense of a deal.

Hi, anyone have success with tax deeds in Arkansas via COSL website?

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

And could save capital gain tax on first 500K profit .

A 2,000 sq. ft. single-family home with a 1,600 sq. ft. finished below-grade basement is currently on the market for sale. I am considering using the entire basement as my new home office (given my job, I need a large...

As you can see from the posts prior to mine, 1031 exchange transactions are very complicated and its best to discuss with your tax advisor/ qualified intermiediary before you make any decisions at all.

Do you have any prior knowledge of RE?

https://reinstate58.hjta.org/To repeal the death tax part of Prop. 19.

If all looks good, I suggest a one-year loan with one automatic one-year extension for another 2 points, subject to on-time payments, taxes & insurance paid, etc.