I'm guessing someone in the higher tax brackets would get the best results from this.

Converting some of the downstairs into a master bedroom with walk in closet and ensuite, 50 % new roof, new floors throughout, paint, finishing a sunroom, refinished kitchen and baths.ARV: $189,000 1)In looking at the pics, you really need to have a good general contractor take a look at the sub-floor structures as it look like it suffered from severe water damage. 2) If you have not already, you should budget new engineered flooring because even if some of it is salvageable, you're not going to be able to match it up. 3) Going to convert downstairs space into a master?

Yeah I'll believe it when it actually happens and not before because they've been talking about this over and over and over with no results so until they actually do you have to excuse me for being skeptical.

Words are replaced with synonyms and the result can be absolute gibberish.

This is good and bad, good because the market is cash-only, and you can pick up some fantastic deals as a result.

I just need to draw up my strategy and execute . . .5 - I got some needed technical help, which resulted in a speedier BiggerPockets Blog.

(quote from JR1) And from KatieJ: “In an S corp it's fine if the property is sold, but if the clients later want to get it or its value out in some other way, a taxable event may result.”

It is going to be real hard to get a note funded, that is the result of a seller financed flip, with any less than 12 months seasoning in this market.

If for some reason you wanted to give the "investor dollars" preference I would say that the waterfall should match the GP distributions immediately after the LP distributions provided there is capital left.Originally posted by Adam Scherr:2) Is it common, especially on smaller deals and smaller groups, to pay back all investor principal at reversion vs paying back as the 1st level of the waterfall?

Smartphones are the new computers-No surprise9 out 10 searchers have taken action as a result of a search from their phone.Local Information Seekers61% call as a result from looking for local information59% visit the establishment or hmmmm...Maybe an open house?