Jordan Foster
4-plex HELOC, primary residence
1 September 2021 | 2 replies
Can you share some details about your current situation: Original purchase priceDown payment / borrowed amountAny hard costs on rehab (meaning things you can prove with receipts)Current estimated valueCurrent amount owed
Anna Thane
Fix & Flip Land Investment
1 September 2021 | 1 reply
I estimated we could sell the land for $250,000 and it ended up selling for $260,000.
Justin Sawyer
Best way to estimate rehabs on wholesale properties.
2 September 2021 | 5 replies
A common thing I have run into is estimating repair values accurately.
Haley Justice-Bonsell
Good deal? First investment property- duplex
1 September 2021 | 1 reply
Did you factor in the estimated $4k-$5k in closing cost as I assume you are doing conventional financing?
Gary Ryan Herndon
Hard money loan but I don't own my primary residence... Issue?
6 September 2021 | 12 replies
My total estimated cash-to-close amount is roughly 30k.
Kyle Haney
Tenant Will Not Vacate Property After Fire
15 September 2021 | 9 replies
We had a contractor that is specialized in fire remediation review the damage and he has informed us that the tenant cannot be living in the apartment while repairs are underway which is estimated to take about four weeks.
Evan C.
Two house deal, slightly short of cash to close
8 September 2021 | 5 replies
ARV estimate is $110k and $115k.
Chris John
Help understanding the 1031 process
10 September 2021 | 8 replies
The taxpayer and EAT may enter into agreements or arrangements providing that any variation in the value of a relinquished property from the estimated value on the date of the EAT's receipt of the property be taken into account upon the EAT's disposition of the relinquished property through the taxpayer's advance of funds to, or receipt of funds from, the EAT.The IRS permitted an EAT to retain its status where it acquired a 50% interest in a partnership whose only asset was real estate where the other 50% interest in the partnership was owned by the exchanging taxpayer (Ltr.
Johnna Stark
Estimating Rehab from auction without seeing inside of property
2 September 2021 | 1 reply
I recently listened to a podcast where the wholesaler found all his properties on auction websites and had trained his VA to estimate rehab costs to get to the maximum allowable offer.
Evan Kraljic
2nd Duplex in Minneapolis, MN
12 September 2021 | 9 replies
I know Zillow and Redfin estimates don't mean **** but they are at 340k and 334k respectively now.