I just spoke with a real estate broker who also rehabs and rents. He told me that at least in ny if I don't have capital It's going to be very hard to get into investing and flipping foreclosures without it. From what...
Hello everyone!My wife and I are trying to decide if we want to flip our first house later this summer. As back ground, we just closed on our first quad last month. This building will be cash flowing between $600-800 ...
Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
Hi,I am part of strong investment team which specialize in flip deals.We have been working in the last couple of years in Florida area, and now we are looking into establishing new business in Indianapolis area.We are...
Hi im looking to make offer on first potential flip. This house is not on the market yet and I found it simply by writing letter to family. House is vacant and completely outdated, but structure, furnace, roof, window...
Hi everyone,
I don't typically post much of my real estate holdings for privacy reasons. I do however, want to share details with everyone as this project goes on. I'm also going to utilize several of the ...
I will make mine very general. Back in September I purchased a property through an action. The scary part is it was occupied and by law I was prohibited from making any contact with the residents. A month prior to the...
So I am doing my first flip and the renovations are completing. The house is about to go on the market for retail sale. I currently have the home insured with REI/Affinity for liability, fire etc with a $3000 deduct...
I have a wholesale deal offered to me. It is on a busy street - 4 lane with about 30 cars / minute passing. Comps are 155 / sf. I am estimating 5% less on my ARV due to busy street. The deal does not leave me much pro...