Ralph Stowe
Does the "Seasoning Period" apply to flips?
I've been learning about RE Investing for about 8 months now. I'm primarily looking at rehabbing a distressed property and selling it outright as quickly as possible. I've just stumbled across this concept of a "Seas...
Mike D.
Reduce offer price for off market bulk purchase ?
I contacted a seller off market and am going to make an offer directly to him for all 3 duplexes. He was originally planning to sell this spring with realtors but I approached him before he had them listed.
I calcula...
Cliff Mitchell
[Calc Review] Help me analyze this deal
Just need to get started and make sure I understand how all of this fits together.Tear me up here. Let me know if I'm being unreasonably conservative or what. I don't mind constructive criticism at all.Thanks in adv...
Danny Webber
Different Strategies for Different Goals- Find one that works for you
There are several real estate strategies that investors can use to make money in the real estate market. Here are a few of the most common strategies:
Buy and hold: This strategy involves purchasing a property with t...
Will Rodgers
REOs and Dewinterizing after during inspection period
The bank just accepted my offer for a REO property. I just met with my realtor to sign paperwork and provide cashiers check for EM. The issue is that property is winterized and I was told that the selling agent has to...
Sundai S.
Texas Tax Deed Buying/Selling
When buying and then selling tax deed properties in Texas, is it possible to "wholesale" the property shortly after purchase, if you find a buyer willing to purchase (at deep discount, all cash deal) and handle the su...
Willis Seng
Tax question for flipping houses
If I were to flip a house and sell it within 6 months after purchase, would I qualify for 1031 tax exchange? or would there be a time period I should hold the property until i can qualify? Should I flip then put it u...
Trey Goodwin
First Property with small bank financing - 5 yr note 15 yr amort
BP! Newbie needing advice on loan terms from a local bank. Is this a good loan and what questions should I be asking? Here are the details I have now: Purchase price $100,000 15% down $15,000Improvements $15,00020% do...
Dave Versch
NJ Tax Lien Foreclosures
Hi. Quick simple question for anyone who might know. I know that once you purchase a tax lien certificate in NJ on a residential property, there's a 2-year period before you can foreclose. Does this hold true for c...
Ron West
Lender Increased Seasoning Period
Hey everyone!I purchased my first property 2 months ago. Things have been going great so far. The tenant was already in place, rent was at market price and with zero rehab I have 50% equity. This property was purchase...