Based on what I read, I believe that if I am selling an investment property for $1M, I need to by another investment property(1 or more ) totaling value $1M. Talking to a CPA, she says that you only need to buy next p...

Here is my deal: Single family, 988 Sqft. 3 bed 1 bath. Purchasing it for $50K with a 20% down conventional loan. ($20K total out of pocket including closing costs).  I figure the ARV to be $115K conservatively and $1...

I'll cut right to the chase because the chase is what everyone likes on here anyways :lol: :

3/1 SFR
Asking: $40,000
Needs: between 10-15K rehab
20% DP
Rents: $850/mo
ARV $70-75K

What direction do the thumbs poin...

In 2020, my LLC entered into a contract with another investor to rehab a property that the investor owns. Basically I provide the funding and manage the project and the investor and I split the gross proceeds (the inv...

Question re JV flip arrangement on the risk side. I apologies if it's covered already but I could not find this specifically in my search.We are looking at a property flip JV where 'Party 1', the investor, secures the...

Hello,

Sorry totally newbie question:
I know most people do: (ARV X 65-75%) - Rehab Cost = Offer Price.   
But where does closing costs come into this equation? 

Thanks,

Kyle
  

I'm getting ready for my first flip project. Is there a rule of thumb of what costs require cash up front vs what can be covered via loans? From what I"ve gathered on a few posts, I believe the hard money loan downpay...

I recently closed a deal using 1031 exchange. I was wondering when it comes time to sale how is the IRS notified?  It's not like there is a tax lien on the property is there?
If the 1031 originated in a state with in...

I am negotiating the purchase of an investment property in Hawaii. It has two separate dwellings on one lot. One house is a 3br/2,5ba, with full kitchen, and the second house has a 2br/2ba with full kitchen on the top...

how do i determine FMV of a duplex?