David Rosenthal
Colorado Ski-In Flip Using OPM For Killer ROI
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $1,300,000
Cash invested: $16,000
Sale price: $2,000,000
With just 16k of our money, using creative finance, fl...
Michael Henry
First Multifamily Deal
Investment Info:Small multi-family (2units) buy & hold investment.Purchase price: $78,000Cash invested: $22,6001930 2 unit duplex well taken care of move in ready. What made you interested in investing in this typ...
Tony Hermesman
Had an offer accepted and now I need to figure out what to do!
I just made an offer on a property and distance expect them to take it. Pushed the closing offer out 60 days to figure out just what to do with it. Need some help or sounding board to take the next step. Property i...
Josh Ferona
Cost basis tax question
Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...
Levi Klein
PREHAB not rehab for $40,000 in 2 weeks
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $252,858
Cash invested: $16,428
Sale price: $310,000
Project took 3 months (2wks work). House had a failed sept...
Lee Fuhr
A success in the making!
Investment Info:
Single-family residence fix & flip investment in Fort Wayne.
Purchase price: $100,000
Contributors:
Peter Fennig
Beautiful fix and flip in coveted West Central neighb...
Tanner Gish
Locked Out From across the Country
Looking for some help:I am in a very frustrating situation, where I have a duplex I am ready to sell ( not very modernized, but habitable).Here’s my issue though – the contractor who was getting it ready to sell, is n...
Laura N.
How do I file a 2015 purchase that didn't rent until 2016?
Hello everyone!I'm seeking clarity on a tax dilemma. I bought my first rental property in December 2015. I've been rehabbing since then, and just moved a tenant in last week (April 2016). The question is what to do wi...
Jamal Fontenot
First Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $145,000
Cash invested: $11,475
Bought this property off the MLS. Listed at 155k, negotiated down to 145k. Was move...
Sterling Pompey
Home Possible Loan
Hi All,
Has anyone heard of the "Home Possible Loan" from Freddie Mac? What are some Pros and Cons of using this method as this is the first time I'm hearing about it. I've never heard of it mentioned on the BP Podc...