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We're on our first house flip and we're just about ready for market. I've been a real estate broker for the past 16 years in SoCal and am super excited about this change. My question for the group is bridge financin...
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Hi Folks! Has anyone teamed up with a contractor to flip a house? My friend does great work and I have the capital to do a deal. How would we structure our partnership so it's even? Does his time equal my down payment...
My business partner and I recently flipped our first house together. I had previously built my own home, and had alot of leftover supplies. I estimate that i contributed $1,500 in materials (tile, paint, electrical wi...
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i want to minimize the taxes by a rehab flip
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Guys.
Take a look at a deal I have.
Needs AC, Roof and Foundation work(all quoted)
3/1
CMU
Ranch
1975
Contract Price: $37500
Repair: $25000 (10% contingency included)
ARV: $90-100k
I am a newbie and just wanted...
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Hey,
Anyone interested in a Duplex Indianapolis, IN in zip code 46201. Complete gut and rehab needed. Would need some experience with structural work, has some taxes owed on it as well as Code violations that can be r...
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I am new to real estate. Today I met a lender whole told me that he works with five different companies who are renovation experts. These companies evaluate the cost of repair, provide assessment to lender which helps...
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SO, my wife and I began our venture into investment real estate approximately 2 years ago with a buy and hold strategy. We decided this year to do our first flip. We bought it for $114,500, put about $50-55k into th...
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Do flippers get hit with short term capital gains since they buy and sell within one year? How would this be avoided?
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So I am a realtor and have a property on 1 acre just outside of a small town on a country road. Anyway, I've had this property for sale for a long time 9-10 months. The price has been dropping because they've tried ...