Account Closed
Can i sell my home after 1 year?
If i buy a primary residence 🏠 for 120kBut its worth 200k It means its 80k in equity.And my mortgage is 1,200And I do a lease option and se/he gives me 3,000 downpayment and she/he pays me 1,500 per month its ( 1 ye...
Sean Sullivan
Q on Deal structure for House + Land Flip... What Next?
I'm in negotiation for my first true investment purchase (currently am house-hacking), and I'm wondering if anyone has done a deal like I'm trying to put together, and if so, what advice you might have. Below is full ...
William B.
Next Step After First Flip?!
Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market! I re...
Forrest T Schue
Taxes on a flip
Hello. I’m currently in escrow for a property in Ohio that I was going to originally hold and rent, but now am wanting to flip.
I do not yet have an LLC set up in order to buy this property, and will be buying it per...
Amy Stanley
cash-out on my investment property 1031 exchange?
I am doing a cash-out refinance on my investment property. I will be using the money to invest in another investment property. Do I have to put the money into a 1031 exchange if I plan on purchasing before the end o...
Jami Kloet
Purchasing a hotel business when the property is rented?
I apologize if this is in the wrong section - I thought there used to be a hotel investing section. I've seen a lot of discussion of sub leasing rentals for AirBNB purposes lately. I was recently poking around a busin...
Terry Royce
Developing a Niche Wholesaling market
I have been thinking about trying to develop a niche wholesale marketing strategy to angle towards Hispanic homeowners in Baltimore City. One of my close friends is very fluent in Spanish and has a few ties to residen...
Mike Spence
Bowling alley? Like for Like, mixed use?
Hi, had posted this as a reply but better suited as it's own I think. Hoping someone is up for the intellectual challenge of this situation...I'd like to sell my 2 unit residential duplex (in my name) and 1031 into a ...
Anthony Caleca
new development Los Angeles
Hello everyone! So I am trying to do my first Luxury real estate project and it is in Los Angeles area. It is a single-family residential luxury home that is a total of 7800 sqft, which 5500 is living space and 1300 i...
Kris Kahrs
Best way to avoid paying Capital Gains Tax on primary residence?
Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...