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Private Lending & Conventional Mortgage Advice

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10
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Cory Schmidt
  • Contractor
  • Hastings, MN
1
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10
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Conventional loans

Cory Schmidt
  • Contractor
  • Hastings, MN
Posted Apr 16 2014, 22:02

Hey everyone Cory here !!

I am new to real estate when it comes to basically everything except the constrution part of it. My question to ya'll is if I was to gest a conventional lone form say a local bank to do a rehab and then sell as fast as possible dependong on the extent of work would I get hit hard with capital gains taxes or how exactly does that type of thing work. Input,advice,recommendations??

P.$. BP Is my hero !!

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