Three years ago my wife's father bought her a townhome for 250k cash. They are both listed on title of the property and my wife has been using it and paying primary residence taxes on it. I got a new job out of state ...
Trying to decide if its worth the 1k fee, and the hassle of beating the 45 day window to find a replacement property that the 1031 rules call for....Bought the property for 112k, and it will sell for 148kI am creditin...
Hello,
I would love to flip a property. I have been approved for up to 700,000. I have up to 150,000 (borrowed money) for down payment holding costs and ect. I live in Orange County California. Looking for somethin...
Hi BP, I have been working on figuring out the true cost in percentages of what the seller loses when their home is sold the conventional way. Here is what I've come up with, please correct me if I'm wrong or off. R...
My question is in regards to how commissions and vacancy affect the buy price. I understand when flipping a house, most calculations take into consideration how much you'll have to pay in commissions when you sell th...
I have a friend/acquaintance who's thinking of selling her home because her husband is unemployed and their savings is dwindling. This home value is approx. $265K and they have a mortgage balance of $239K with a p...
I am considering purchasing my first investment property and would like to get some feedback to see if I am on the right track with my analysis, so here are the numbers:Purchase price: $380,000No rehab costs - It was ...
Hi guys,Could you please help me out?Ive had this rental for 10 years, its a single family, 1b/1b, built in 1920Its almost paid off (I owe 2K on mortgage)Bought in 2019 for 25K, now its worth probably anywhere from 40...
I would like to know what is the correct formula to be used when investing in fix & flip properties.I have read and seen the following and have gotten a little bit confused as to the proper formula I should be usi...
Hello,
I am completely new to RE Investing... but have a strong analytical background (I am an accountant). I am meeting with a group of potential investors (I have some great single family deals in Pasadena,...