Here's an example of what the journal entry looked like on 12/31/2019 for the two projects I had in progress in one of my companies:In this case, I was $84K into my 21st Street project (not yet completed) and $176K into my N Morgan project (not yet completed).Now, when you run a P&L through 12/31, you see that these two amounts are credited back to the COGS, so these costs aren't recognized in that tax year.  

I was already a licensed agent for 3 years @ that time, I was already doing a short-sale across the street, asked the seller if he knew anyone in the neighborhood looking to sell, & the rest is history as they say....I ALWAYS wanted to do a fix & flip, & this was my BIG CHANCE!!

You knew there was a cemetery across the street, but is it the view of the cemetery that bothers you? 

I'd also add when talking to their landlord to make a deliberate error with the house number or street name. 

Good morning, has anybody had experience using Center Street Lending for loans/DSCR loans?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $84,000

Cash invested: $45,000

Sale price: $170,000

This was my first flip with a partner. I contributed by put...

Within Philadelphia, a two-family home at 123 Main Street, unit A completely gutted, renovated, zero lead-paint within the unit and unit B still having positive components of lead-paint, unit A would not be considered Lead-Free because it is a part of the structural being of unit B.

In our area 1 street can make a big difference.

But, Wall Street does care.

If you have 2 very similar houses priced the same on the same street the nicer one will win.