Purchase price was $245k, rehab was $35k, and ARV is $330-350k.

Purchase price: $225,000 Cash invested: $40,000 Sale price: $375,000 Bought a large 4 bedroom pool home and flipped

I actually purchased a SF house with a two story detached garage in a nice area of brockton.

But after working with the family, we purchased it for $42,000 and got to work.We had some unique challenges, like dealing with one of the heirs who wasn’t very cooperative and required a payoff to sign the paperwork we needed for clear title.

For purchase price, use this formula,  (Arv * .70%)- Rehab = Purchase Price Good evening Dustin, I went onto the webpage for Arizona association of Realtors and I found the agreement for 2024, however I am not licensed so I do not have access to download the contract.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

I acquired a residential property when I purchased my business.

The land purchase will be one of the biggest tasks of your project.

Hi All,Just purchased my first property and moved from San Diego to Charleston.

Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation).