Pete Harper
Sale of 1031 trigger
I recently closed a deal using 1031 exchange. I was wondering when it comes time to sale how is the IRS notified? It's not like there is a tax lien on the property is there?
If the 1031 originated in a state with in...
Thomas Faragoi
Fixed Costs
Greetings,
What is the best way to estimate what fixed/holding costs will be for a particular property?
I seem to understand the other parts of the MPP equation; sales price, rehab, but the fixed costs are confusing...
Shweta Bharti
HomeUnion vs RoofStock vs DoorVest
Hi FolksI am a newbie in real estate area and looking for passive income sources from Rental Properties. I currently live in NY so would look for out of state option only. Being a Software Developer by profession, I w...
Matt Welch
REO Flip do able?
Been reading a bunch on here lately and wanted to see if I am running the calculations correctly for a hypothetical flip.
Cash Outlay: $50,340
Purchase price: $160,000 (10% FannieMae Homepage Renovation Loan)
Rehab...
Brooks Armstrong
SFH for fix and flip
what is the formula for evaluating a SFH for a fix and flip .All cost of buying and selling
Curtis C.
Basic Owner Finance Questions
Just a few basic questions:
1. When you sell a owner financed house, technically, by law your supposed to pay taxes on it. You just sold that house thats worth 120k. But you only put 75k total into it. As far as the ...
Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Chris Pasternak
First Flip Analysis
What do you guys think? This is my first go at analyzing a flip. Overall, I like to be on the conservative side. A bit about the house: 2 bed 1 bath, half duplex, 830 sqft. Right now it's listed at 25.9k with ...
N/A N/A
Approved for 700,000 Can I find a home 25-30% below market V
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...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Acquired on terms (subject-to)
The buyer needed to relocate for a job t...