Spent a lot of money on a useless custom floorplan and various surveying costs. 

🌪️💼 For more info, visit IRS Tax Relief in Disaster Situations.

The qualifying attributes are consistently: quick close, no tax return, limited documentation….

The syndication model will not work for small deals as the legal and compliance costs are not justified for raising small amounts of money.* The customizable fund can be used for raising money for a single deal or investors can invest in a bucket of properties so their risk is diversified.Please reach out to me if you would like to learn more.

However, I would be more concerned about creating more taxes.  

The only real money I have is equity.

Are there additional taxes?

unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money. 

Most new flippers lose money because they are not knowledgably in 3 areas What the sales price REALLY will be.

Expect to spend $10-$20k in FC and of course all the taxes and insurance on the home during this time.