Kevin Gerace
Self directed IRA investing
I have 30k that in a 401k, that I am going to transfer into a self directed IRA. Can I use this for a down payment on a flip and finance the rest of the purchase price with a conventional mortgage?
Uwe S.
Depreciation of Real Estate
Don´t know if this the correct forum here, but I want to know how high can I get a tax depreciation for this year (2010) when I buy an house this month for only $5k for a fix and flip in May 2011?
Thanks.
-Uwe
Samuel Watts
Pulling out equity of house purchased with cash during rehab
Hello! I currently have 2 houses I have purchased with cash and have just started renovations. I have enough cash to complete the flips but would like to pull my equity out now so that I can purchase more properties a...
Jennifer Lee
how many actual flips have you done?
hi BP
just another curiosity post.
I have NEVER successfully flipped a property.
hoping to flip my first this year...although I am thinking it may turn into a buy/hold
my first flip, turned into rental and then sol...
Account Closed
Listing Your Fix and Flip Vs. Using a Realtor
Hey BP,What are the pros and cons of listing your first fix and flip on the MLS vs. listing with an agent?
Account Closed
Flipping With Hard Money.. No Way To Profit. I don't believe it.
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
Toshia Booker-Blakeley
70 % Rule or MPP
I am wondering how these 2 favor for new & seasoned investors. I personally like the MPP calculations because it seems as if you are allotting for majority cost involved in a flip.... repairs, profit, holding &am...
Ethan Painter
Rehab Opportunity - Is This A Deal?
I am looking at HUD home for sale in my area to potentially purchase and flip. It is listed at $43,000. The owner/occupant bidding period ends tomorrow night and I would be able to bid as an investor then. I took a lo...
Katie Deskins
Newbie Investor (looking for advice on my situation)
Hello everyone! I am a Realtor and new investor in the Savannah, GA area looking for advice. Here's a brief rundown of my situation:I have owned/lived in my home for almost 5 years. I have a 3.25% interest rate and my...
Itsik Morin
Investors from Toronto, Ontario
Hi there,My wife and I are looking to learn and start investing in the US. We are a little bit familiar with the Texas market where we feel confident about the economics of this state.We are particularly interested in...