Greetings BP folks,My wife and I are negotiating a deal in our area for a home that has a tax lien from the city and county.We have been working with the seller for quite some time and were offered the opportunity to purchase the home at a great price, we also have agreed to pay off the tax lien in addition to the purchase price. 

I purchased it for approximately $500k, and it is now valued at $635k.

It has worked great for me.The only downside I see is the potential for damage and also the long orientation that has to be done if renter's haven't used an RV before.My wife and I considered buying an RV to mostly rent, but decided not too as they were very hard to purchase last year. 

I am thinking of seriously purchasing it as well.Can you please provide an update to how it is going for you.Thanks, Anthony

Purchase price: $60,000 Cash invested: $30,000 Sale price: $164,500 Total Remodel.

Purchase price: $135,000 Cash invested: $40,000 3/2 SFH in a quiet neighborhood.

There are many buyers out there who purchased in 2020 to mid-2022 and are in the same boat! 

Timing Your Sales - From a technical / IRS standpoint, it's easiest (and cheapest) to have all three of your sales close before your purchase, and to have all four of those transactions occur within the same 180-day calendar block.

Purchase price: $825,000 Cash invested: $41,250 May 2022: We bought a single family home with an ADU north of Boston in the town of Wakefield MA.

Purchase price: $88,300 Cash invested: $88,300 Sale price: $320,000 My very first duplex.