I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...
I am new to bigger Pockets. I am trying to navigate the page I hope I am posting this question in the right place. Aim trying to get my first flip. I recently just bought a house and two lots. I am working on reha...
Hi everyone! I'm new here and looking to get started with wholesaling. There's a house down the road from where I grew up that's been empty for as long as I can remember. It's on a nice piece of property and may be...
I often come across vacant homes in areas of interest which would be great rehab candidates. I am aware of a few disjointed ways to track down owners online but they seem very laborious and inefficient. I was curious ...
A friend had an aunt die last week. They are potentially desiring to put the property up for sale on BP. The other spouse was in the hospital when she died. And if they live, will head to rehab after hospital. So t...
Hi All,I came across a property I found through a wholesaler at a local Real Estate Investor meeting, it's not on MLS. It's been rehabbed and is move in ready. Here are the details:Purchase price: $17,0002 Bed, 1 Bath...
I'm curious if any wholesalers out there do "post closing" marketing -- letting neighbors know that THAT house in their neighborhood will be undergoing change . . thus improving the community, improving property value...
Hey guys, So we all hate turnovers. But, long term tenants aren’t necessarily great either. Personally I’ve never really cared about turnovers, I’m a DIY landlord and contractor. It gives me an opportunity to do a rea...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $78,000
Cash invested: $13,000
Duplex with 2 bedroom apartments
Has anyone here invested in notes with American Wealth Builders?