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I have a very experienced GC that I would like to partner up with to flip. He's done work on my own home so I've seen first hand how he works and the skills he brings to the table. I will likely be purshasing the ho...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $50,000
Sale price: $75,000
This home was in extremely rough shape and needed a full remodel. We prefer light to medium ...
I have a question on the tax issues when it comes to flipping. If one buys and sells homes using their personal names, and say there is a profit of $50K on house 1, and a loss of $20K on house 2, can we offset them an...
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In setting up the new investment company I will need to come up with a business model and some form of profit projections before the bank will issue a business line of credit to me... Does anyone have some good examp...
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Hello All,I'm somewhat new to real estate investing and have 1 cash flowing property right now. In speaking with some other investors in my state (New Hampshire) I can across a state tax situation that I was not awar...
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Hi all
After a pretty successful growth period, my business partner and I have have been approached by a number of people who are interested in partnering on some larger projects.
We are looking at a 6 unit buildi...
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Hi,I'm considering partnering with my contractor on a flip. He has a lot of experience running job sites and I have a lot of experience finding properties and structuring deals. So on paper seems like a good match. We...
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Hello to every one,I am currently thinking about building a home for profit instead of doing a fix and flip. I currently do not have a lot of cash on hand, however, I know a couple of people who do have quite a bit of...
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This Homewood diamond in the rough was purchased for $105k, renovated for $40k, and resold for $195. The investor cleared $30k in profit!!
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Has anyone ever purchased a commercial property, and used profit of the entity to set monthly payment amount, so it is flexible?For example, full/contract price of $100k, 10 year amortization. Monthly payments not les...