They need to add 25% in order to get the 20% for  Overhead and Profit.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

That literally a major city of homeless. 

As an investor trying to sell your flips, choosing design elements that the majority of homebuyers will love is important.

I have made a lot of money doing BRRRR and the majority of my purchases have achieved the infinite return.  

And for two valid reasons: they don't know if Don is a trustworthy borrower (which he is not), and they could get a lot better profit (for the bank) from a brand new loan.

First off, the deals we are using the LOC for are solid, profitable deals even in the worst of circumstances.

What about having to break even, or even feed the property every month $200 for those same 36 months, but at sale, could net a $75K-$100K profit?

. $3000 profit, minus about $2300 in mortgage, property taxes and insurance leaves about $700 cashflow, when I move out.

A good deal won’t matter if your contractor delays the timeline, eating into profits through holding costs.