lol we are talking the same, lets say we do some input statistic analysis ( i did it before ), so in 2009 the mortgage debt with typical husband and wife working is like 29% ; now that number is going as much as 44% in some cities. also our home price is created using auction systems, if there'e 100 houses in one zip code, the pricing discovery in created by the last 3-5 home purchasers, which indicate 95% of other folks does not necessarily able to purchase home or do mortgage with current rate.Which cause a problem, one household either need to maintain job that can continously paying the mortgage and/or the loyalty of husband and wife is a MUST LOL Having said that, to maintain 1.5 mil homes in bay area for example, husband and wife should not divorce for 30 years at least.But for 150k house in Ohio, the husband can divorce their wife anytime while maintain the mortgage payment LOLHaving said that, getting divorce is very suicidal for financial.but also creating different effect, for single guy, there's almost no way they can purchase home, unless they're cardiologist or any other high income earner LOL (this example is just for fun).In our area the home supply is coming from two sources mainly: people going retirement and want to cash out or separation in relationship LOLGetting separation is very expensive especially if you born in 1970/1980/1990s, I would even argue the moment you are married-->single thus you become the renter class again LOL

Hello,I'm thinking about purchasing a 2-story duplex.    

I recently purchased a duplex.

If you're looking to do a fix and flip - you'll need to come to the table with at least 10% towards the purchase price + closing costs.

but in general using a disregarded entity to purchase your replacement property is fine.

How do you plan on purchasing and in what area?

Purchase price: $200,000 Cash invested: $34,000 Sale price: $325,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Linda Street, Delhi, CA 95315.

@Jonathan Feliciano you can say this about Detroit, Columbus, St Louis and many other Midwest cities.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

First, most attorneys will be familiar with short sales and working through the purchase of properties where the foreclosure process has been initiated.

Purchase price: $40,000 Sale price: $60,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Karen Schneyer, successfully completed a quick flip on Safford Street, Bennington, VT 05201.