A few reasons to replace would be tenant would be paying for heat, lower maintenance costs long term, and no risk of water damage when pipes give out.Good callouts on ceiling but luckily, i dont have any popcorn texturing, thank goodness.

Hello Shad,I think there is always a time and place for flipping, but I think you build long term wealth with buying rental properties. 

I say that to say I am in a negative whole in terms of ROI, Ive spent so much time and money on wholesaling, things like a guru course, buying lists, dialers, and even some Facebook ads.

@Jonathan Bui virtually all mortage loans today have a "due on sale" clause" But that is only one issue.

How do I close this deal with favorable terms?

The rate typically ranges from 15% to 20% for long-term capital gains, with an additional 3.8% Net Investment Income Tax (NIIT) potentially applying.OK, lets chat about the Canadian side.  

I’m 25 years old and new Real Estate Agent in the Los Angeles area.Before becoming an agent I’ve always had a long term goal of being a landlord, whether it be through a family home or an apartment building.

As a direct short-term rehab style ender we lend to NEWBIES 100% of purchase & 100% of the rehab on 1-4 unit properties (in 18 states) up to 70% of the ARV.

Also, I would expect the contractor to also sign on for the loan personally. 

He has to hit certain markers that small mom and pops will never have to address in terms of yield.