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Results (10000)
Walter Fabiszewski No money down infinite profit
5 September 2022 | 2 replies

Investment Info:

Condo buy & hold investment in Pompano Beach.

Purchase price: $60,000

Estate sale. Used my HELOC to purchase and completely renovate. $80,000 total investment. $205,000 ARV.

Komal Patel How do you calculate profit??
16 March 2016 | 8 replies

Hi BPs

Need your help urgently. I am working on my first deal. Actually ARV of house in realist report is $418k and bank accepted my offer of $330k.. (315k was offer amount plus 5%auction charges-17k ) Which was...

Nick Baldwin Typical Pinellas Co. Profit Margins
4 May 2016 | 0 replies

hey guys I am wonder what you guys are seeing as typical profit margins on your flips in Pinellas?I've talked to several people and have gotten different types of answers from- "I look to make $x per flip" to "I look ...

Tai DeSa My most profitable flip ever
30 September 2019 | 2 replies

Investment Info:

Other fix & flip investment.

Purchase price: $1

Cash invested: $3,000

Sale price: $100,000

With the help of an attorney, we helped a seller with the deed-in-lieu of foreclosu...

William C. Is a HELIC considered profit?
14 October 2019 | 10 replies

CPA’s, accountants, and loan officers please chime in but obviously don’t provide anyone with tax advice, but does my logic make any sense?I was told once by a lender that debt service is not considered profit. For e...

Jonathan Scott Profits from a sold property.
5 October 2019 | 4 replies

I am selling one of my properties and want to do a 1031 exchange If I have a mortgage and a home equity loan do I pay those off and anything left would be my profit to put in to the 1031 so I don’t pay tax on it? Any ...

Michael Wise Entry level flip, decent profit
30 October 2019 | 1 reply

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $98,000

Cash invested: $20,000

Complete interior remodel, exterior paint, etc

Mark Dante Negotiating with a non-profit
24 October 2019 | 2 replies

There is a property in my hometown owned by a non-profit that has been for sale for several years.  I made an offer on the property and was awaiting a response.  The realtor calls me to tell me that...surprise...anoth...

Tess House Profit Sharing in a partnership
28 January 2019 | 1 reply

My boyfriend is starting a real estate company. I want to get into real estate as well. How can we set up the business or provide support for one another in a way where both of us indivually can find deals without it ...

Gale Waldron Splitting Profits in House Flipping
4 January 2020 | 2 replies

I am relatively new to house flipping. Three of us (friends) put our money together to invest in properties to flip (3 last year). I am concerned with keeping good income tax records and while the other two investor f...