How did you add value to the deal?

Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.

If you are wholesaling in a market where it looks like a checkerboard and clearly builders are picking off lots, one-by-one, and you are able to source a lot at 1/5 or 2/3 approx of the retail value (the amount builders will pay) then maybe you can wholesale it without having to close on it first. 

I’m in the metro Detroit area and I’m having difficulty selecting the exact area and what kind of property value I should be looking at.I have a HELOC and a hard money lender in place for when one comes up.

How did you add value to the deal?

Let me know how i can be of value.....not a landlord but may be of value still

As applied to 1031 exchanges, the most relevant exceptions that allow you to disregard FIRPTA include:You (the Buyer) are going to be using the property as your principal residence, and the fair market value is less than $300,000The Seller provides you with a Certificate of Non-Foreign Status (meaning that FIRPTA does not apply)If the foreign Seller obtains a FIRPTA Withholding Certificate by filing Form 8288-B.It is important to note that the foreign Seller cannot submit the Form 8288-B until there is a valid real estate contract.

Homes built in 1878 involve some unique considerations due to the age and historical value of the property.

You might find a property that has value add without having the headaches that come along with 203k.

However, real estate values (on a national average) have never gone down over a 10-year period.