Account Closed
Bought Flips, Paid For Flips 2019
Hi Tax pros and experienced tax filers! In 2019 I bought a flip house, and spent all of 2019 and now 2020 working on it and 4 other properties I bought in 2017 and 2018. So 2019 has big a gigantic loss. I’m a contr...
Min Zhang
Flip or BRRRR (I chose flip)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $62,000
Cash invested: $10,000
Bought it for $62,000 using hard money
Needs around $35,000 in total rehab
90% LTV
A...
Steven Seiberlich
Flip System vs. Flip Cheap Houses
Hi guys,
I'm a new investor looking to get into real estate for the first time. Potentially fix and flips. With no experience in this area I've been considering partnering with one of the following coaching/mentorin...
Yazeed A.
Flipping Multifamilies vs Flipping Single Family
Can someone offer up some pros and cons on flipping, rehabbing and selling a multifamily (duplex) vs. flipping, rehabbing and selling a single family home? Im more familiar with the processes of single family flipping...
Michael Dunn
Flip,Rental,Flip or vice versa ?
Hi,I need some guidance on which direction / approach to take , in my pursuit and goal of acquiring Rental properties, while at the same time flipping a house here or there to use the profit from the sale, to pay for ...
Renee Munro
To Flip or Not To Flip
I need some advice from my knowledgable Minneapolis peers. I'm looking to get into investing and have wanted to flip houses for years. I'm finally in a position where I can do this. However, more than one local invest...
Erik Stewart
Fargo Flip House - Erik's 1st Flip!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $25,000
Cash invested: $105,000
Sale price: $190,000
1950's Rambler Fix and Flip. Needed a complete remodel but...
David McClain
To Flip or Not to Flip!
Buying a foreclosure, I’ve bought a home and have $35k in equity before I’ve fixed the home up. We are planning to Flip the house. However, I like the idea of cash flow monthly. I also want to buy other property wi...
Hilary Stalder
Foundation Issues - FLIP or NO FLIP?
Hello BP! I'm new to this world AND that of flipping. I've been in the construction industry for over 6 years though (residential for 3 and now commercial 3+). I came across a great investment property in Orlando, FL ...
Justin Bresson
To Flip or Not to Flip
I've come across a investment opportunity, it will be my first flip, and I can't quite wrap my head around if the numbers work or not. Unless I'm 110% certain I will walk away.I would love some input here.Purchase pr...