Purchase price: $101,750 Cash invested: $31,000 Type: TriPlexUnits: 2 (2BR/1BA), 1 (1BR/1BA)Current Rent Roll: $1400Projected Rent Roll: $1500~$1600Currently fully rented at $1400/mo. 1 long term tenant (7yrs), 2 other tenants are in 1st year lease

If a fellow NASA scientist asked me how an actuator worked I would roll my eyes.

@Christine Lawrence I Flip a lot In Cleveland Ohio and now that I have my construction company rolling, I’ve realized that when I start working with someone who’s really solid, I hold onto them for life.

These days if your out in the public and not protecting yourself you are a just victim rolling the dice .

You can do renovation loan  with FannieMae HomeStyle with only 15% down for a duplex that includes the reno, you can refi or sell after reno and you can roll in the mortgage payments during the rehab of the house is uninhabitable.

Flipping as planned and rolling proceeds into a 1031, Opportunity Zone, or Self-Directed IRA? 

He only has rent roll and no Trailing 12.

@Joe Splitrock - the issue is not in the ability to calculate the property value at a specific cap rate - that's straightforward with current rent roll. the issue is that brokers calculate the price and corresponding cap off fudged income / expense reports - it does not really matter who fudges the numbersjust yesterday I was negotiating on a 6 unit in Fresno - the seller's broker is adverting it as 6.6% cap @ 460k on revenue of 41k.

I was thinking of trying to roll one or more out of the IRA and using the losses from cost seg. to cover the taxes doing the roll out would incur.

Is there any way that I can roll these two purchases into one so I only have one appraisal/inspection/closing cost?