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25 May 2018 | 9 replies
You'd probably be better off helping your mom sell the house, avoiding capital gains, splitting the profit with her then using that money towards a down payment for the next property.
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26 May 2018 | 9 replies
Wow 5.65 is pretty high dude, but as long as the property profits it’s kind of irrelevant.
25 May 2018 | 1 reply
People tell me you need to buy properties in really bad shape to flip profitable.
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28 June 2018 | 26 replies
There's a greater chance of higher returns, as these funds have overhead costs that need to be paid first then remaining profits distributed.
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26 May 2018 | 1 reply
I have done lots of owner finance deals in the past just paying a preferred interest rate, but have been hesitant to take on partners that share in the profits.
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27 May 2018 | 9 replies
Even if the heavens align and you pull it off where everyone is paid and you make a tiny profit they will expect it again the next time over and over.
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29 May 2018 | 8 replies
It only matters that you buy it at a price that allows you to fix the foundation, take the stigma hit on the ARV, and still make a profit.
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29 May 2018 | 12 replies
He has no idea what he is doing, he has no experience and no capital - but he expects to make a fat profit on his first deal.
26 May 2018 | 1 reply
The sales price would depend on the amount of fairly recent sales comparables and adjusted them to reflect what her potential loss or profit might be.
26 May 2018 | 1 reply
Your Profit and Loss Report is your Resume!