All Forum Posts by: Tim Sisk

That makes complete sense, I appreciate the feedback

Hello all, i have a 1031 question. To me it seems like a simple question but im getting a couple different answers. My question is about the profits of a 1031. 

Heres the scenario: I bought a flip for 100k, the rehab will cost about 50k and the property should sell for about 200k ( Ive edited the numbers for simplicity)... So my question is: do i have to buy a property over 50k (makes sense to me) or over 200k ( doesn't seem right). I obviously will deal with the 1031 experts when the time comes but im now looking to buy rentals with the proceeds. i would appreciate any help from you guys.

ps: on a side note... I just closed on my first rental property in Cleveland . Thanks to all ive learned from this community

Thank you @James Wise  @Kyle Lewis and @Antoine Martel for your suggestions. I’m prequalified from a bank in Columbus but feel I can get a better rate. 

Hello All, I’m looking for any recommendations for financing in Cleveland, I’m looking for single family homes under 60k so I’m looking for the best bank to help me there. Thanks to all in advance

I would be interested in details. [email protected]

Hello Jeffrey, let’s have lunch when I get to Columbus, we can talk and see if you have properties. Looking forward to it

Hello all, I’m going to be in Columbus Dec 5-12 and am looking for a couple houses. I would like to meet with some local wholesalers and maybe we can have lunch or look at a couple properties. looking forward to meeting some locals

Interested, please send info to [email protected]

Hello Mark, do you have other properties like this available ?