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3 bed , 1 bath , attached garage , nice fenced in back yard with a little over 1,000 sqft.
The seller is very motivated and says she's wanting 20k or less. Very good rapport with seller so far.
After l...
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I will be closing on a cash purchase for a fixer in 2013 which I will be flipping in 2014. How do I handle this tax-wise?
Is there any problem with deducting an expense incurred in 2013 on my 2014 return?
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Equity/Spread: $139,000
After Repaired Value: $495,000
Cost of Repairs: $0
Asking Price: $356,000
Seller is willing to give back $85k and pay 1% towards the title policy. Seller states that closing cost won't be any ...
Does the 70% rule of thumb apply if you are buying with your own cash or get really great rates from a portfolio lender?Thanks,Nir
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Hello all! I'm in the process of trying to buy my first flip property and have an interested private lender to help finance the project. However, it's also his first time lending on a flip (he focuses on rental loans)...
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Need some advice. In the last 18 months, I've purchased 7 Properties and sold 7 Properties. This year, I believe I can scale it even further and double those numbers. I don't know what you would call it, but I gues...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $515,000
Cash invested: $80,000
Single-family, lakefront, short term rental property.
Bank loan & personal cas...
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Looking for first hand advise on the pros and cons for hard money and who you would be recommend.
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $189,000
Cash invested: $60,000
I purchased a single-family home, owner-occupied, and renovated while I lived there...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,300,000
Cash invested: $500,000
Sale price: $1,300,000
Bought right after the 2017 fires in NoCal with the i...