Moshe Eisenberg
Hard Money or Equity Partner
Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
David Brockmyre
Selling land to a developer/builder - establishing value
This is my first post since joining, so thanks for any feedback. I own a waterfront parcel in a great location that I want to develop into a small (10 unit) condo PUD. I would retain one of the units. My previous re...
Emmett Kelly
Airbnb Dilemma, whether to invest in the Bay Area or not?
Hi guys,I'm looking to get into the short-term rental space with Airbnb & Vrbo, but I have a dilemma. I live in the bay area where properties are extremely expensive, especially places that would be desirable as t...
Alaki T.
How do I Make Money Off MLS deals?
I am a wholesaler in California. Is Transactional funding the only legal way i can get paid off a deal from the mls by doing a double closing or are there less arduous and legal ways of getting paid through mls deals?...
Bienes Raices
Getting lowballs accepted, is it possible?
Has anyone been successful at doing this with the short sales listed on MLS, or does the bank always just wait to put it to auction in hopes of getting more $$$? There are houses in my area that have been literally be...
Acencion M.
what formula is used on a new build
Hello, I have a question. I am going to put an offer on a house that's old and not up to date. There are builders that are tearing down the houses and building new homes going for $700k and up. Some houses have been...
Tara Grogan
Just Flipped my first property!
I am closing this week on a property I bought a year ago for 50k started renovations well more my manual labor, but anyway I sold it for 103k. I was wondering how do I figure out what to send uncle sam for taxes. An...
Kiara Crespo
Refinancing affect credit
Does using the BRRRR method affect your credit score? I saw online that refinancing can damage your score. Is this true?
Brian Egr
How much do you pay in taxes on flip profits?
Here's my scenario, I just started flipping this year, I'm flipping under an LLC, I'm on my second flip - first one went well second one is going OK. I will own the second property for about 4 months (hopefully, its...
Danny Day
Fix & Flip Capital Gains
Can someone point me in the right direction (or refer me to an article) on how much I should expect to hold for capital gains tax for fix & flip deals?
I am in the process of forming my LLC right now, and will be...