Davy Singleton
Live and sell for gain
Investment Info:
Single-family residence note investment investment in Webster.
Purchase price: $118,000
Cash invested: $23,000
Sale price: $195,000
This is a 1200 sqft 3 bed 2 bath on 1 acre an...
Lauro Torres
Fix and Flip Tax Question
Hey guys I fixed and flipped a house and made a profit. Are there any documents I should be gathering from the closing company and filing on my tax return? Or do I just report the amount of profit?
Greg Smith
Assignment Contracts
Hello, I'm a real estate investor here in Virginia. I have a question concerning the closing process with an end buyers title company. My end buyer wants me to send him my purchase and sale agreement and my assignment...
Katy Nguyen
question about signing docs at Title company
A buyer pays all-cash for a vacant lot. The Buyer and Seller signed the Purchase & Sale agreement. It is then provided to the Title company. Before close of escrow, the Seller will need to sign over the Deed fo...
Scott Phillips
We've Crossed the Rubicon
For several years my wife and I have talked about pursuing a different path, beyond working for a W2. During the past two years I've devoured information about real estate investing. Over the past 8 months we accelera...
Account Closed
HUD home Under Contract!
Excited to share that my dad and I finally have a home under contract in Colorado Springs CO! We were looking for a live-in flip and finally got one! Bid as owner occupied (my dad is living there, property in his name...
Jamie Parker
First deal after a 5.5 year break
Investment Info:
Single-family residence wholesale investment.
Purchase price: $255,000
Cash invested: $100
Sale price: $260,000
How did you find this deal and how did you negotiate it?
...
Rich Weese
transactional lending
I'd love of explanation of what this is. I may be in position to investigate this opportunity and would appreciate some info from folks that have actually been involved in it. Can it be a win-win-win for everyone and ...
Martin Warren
Who pays closing costs?
Just looking for some opinions here. I know there are probably several different ways of doing this. How do you generally work the closing costs? My realtor suggested offering more on the purchase price and request...
Sean Haardt
First Closing Advice
Hello BP Community,Thanks to Josh, Brandon, and all you guys, I am closing on my first buy and hold for 89K in two weeks barring any unforeseen hurdles. I was trying to get an estimate of the monies I need to bring to...