The two most used flip formulas I've seen for max possible purchase price are ARV*0.70-Repair Costs and ARV-Repair Costs-Quiet Costs (Including Closing Costs, Commissions, Holding Costs, etc)-Minimum Profit. From my ...
I have someone who has a house they would like to sell but unfortunately they dont have the money to make the fixes needed to get premium for it. My thought was could I get it under contract and then market it to be s...
Can/Should I use 1031 Exchange when flipping houses? Any down sides? Thanks!
I am looking at purchasing a 3 unit multifamily deal. it is 3 separate 1100 sqf single family 2/1 houses on one plot of land. sold as a single entity. one of the buildings is damaged and condemned but fixable. ...
Owner Financing / Subject-To Deal 4.75% fixed rate. 3bed 2 bath. You pay $19,959.21 today and you own this house. $106,000 will be the contract price. $90,950 will be owner financed / subject to existing financing at...
I can’t find the vinyl siding corner to replace the damage piece. Can I repair and fix the damage piece?Please see attached Thank you
I'm planning on buying a couple of houses to fix and rent. I would like to bring on an investor who is a good friend of mine to handle the cash portion of the transaction while I manage the flip and tenants in the fu...
My partners and I recently purchased a small self storage facility outside of OKC. The sale included both the lot with the storage facility, as well as an adjacent 0.4 acres. This was a value add facility (we fixed th...
I went to do a lease renewal on one of my SFR properties and I realized the original lease had an error in the dates. It indicated the lease went from Feb 8, 2019 to Jan 31, 2019 instead of Jan 31, 2020. Neither me ...
Hi Everyone, I have a good friend who wants to invest into my fix/flip projects. He has 100-200k that's sitting in a bank account, that he wants to invest with. He would simply be handing it over, and we would use the...