Where I live, I have seen wholesalers post houses at 88%. I am trying to get into both rehabbing and wholesaling. I think that if I'm waiting for a house at 70% value, I will be waiting a long time. I'm in central Flo...

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I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...

The seller lied on a sellers disclosure regarding water in the basement which resulted in toxic mold exposure and huge health issues for my family. We viewed and purchased the property while it was winterized. The bas...

Hi there,New to the forum.  Considering to a hard money loan on a 250k and under property and then re-financing within 6 months.  Never done hard money.  What if you lose your job or something very unfortunate occurs ...

Hello,We bought a duplex this year and have been house hacking. I'm curious as to how tax deductions work in this situation? Since we are also occupying the space how does it work when it comes to mortgage, mortgage i...

Hi All,i am in escrow for a condo purchase. I had an inspection contingency in my contract. I hired a licensed inspector to conduct the inspection and he prepared me a list of items that needed to be fixed. I sent tha...

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

I've been working on my first deal for a while now, hoping it will close any day. I negotiated 3 existing attached flat screen TVs to be included in the deal. My hope is to use them as enticement for new renters, bu...

I have been trying to gather up funds for closing cost and down payments on a rental property and I thought I read somewhere that the closing costs on a house were filled with pay items that were not completely necess...