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25 July 2024 | 0 replies
Purchase price: $232,000 Cash invested: $65,000 Sale price: $495,000 This was a house that I bought during covid for a project, and I completed all the work on this project myself.
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25 July 2024 | 10 replies
It is a non-refundable deposit that will be credited towards the purchase price.
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24 July 2024 | 4 replies
We have been proposed a deal where we would renovate the sellers duplex from a 2 to a 4 and while doing that, our sweat equity would earn our down payment To purchase the property through them.
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26 July 2024 | 37 replies
Once you start adding up all these little bits, its starts adding up to a lot, and when you start compounding that over a handful of years, and using the proceeds to purchase additional properties, it can quickly snowball into generational wealth.Appreciation and equity paydown are by far and away how the majority of people get wealthy in real estate, the cashflow is a byproduct that tends to come later once you have had several years worth of rent increases.
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24 July 2024 | 4 replies
@Prashant Sheth, Are the 4 quads being purchased in one deal?
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25 July 2024 | 1 reply
Purchase price: $155,000 Cash invested: $15,000 My investor was excited to acquire this condo in the Folcroft neighborhood of Delaware county.
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24 July 2024 | 3 replies
Purchase price: $675,000 Cash invested: $230,000Purchased for $675,000 in September 2022.
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25 July 2024 | 1 reply
Purchase price: $222,000 5 bed 2 bath 2960 sqft single story rancher on .8 acres Lessons learned?
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25 July 2024 | 14 replies
Lifting the distressed duplex to meet single family comps was a $150-200k project (plus the purchase).
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24 July 2024 | 9 replies
If we have the ability in the next 3 years we would like to try and purchase a second home to flip and build our wealth.