Quote from @Bruce Woodruff: Quote from @Don Konipol: “Hey, I tried to do a fix n flip and the market turned on me - I did everything right , but now what do I doAnswer - hold and rent or sell at loss, by the way here’s a list of things you may have done incorrectly ACCOUNT CLOSED    No thank you for responding, no thank you for the education, no thank you for taking the time to help me out, just ACCOUNT CLOSED.  

I've just closed on my first property that is a 2 family with an ocean view in the North Shore. I'll be requesting a special permit from the town to work to convert it to a 3-family by finishing and living in the base...

We currently own 2 homes, a 3/2 and a 1/1 on the same lot, ones our primary residence and the other we moved my grandparents into.  They are getting old and need to be with us. We got a great deal on the home in 2021 ...

Let me show you why and incorrect assumptions you made…First: You’re selling for $226k.

She is incorrect on two separate issues.1.

Recently purchased a 2-bed 1-bath house that also included a detached insulated shop/garage for $78k and appraised for $105K. I have a potential long-term tenant whom I very much prefer to avoid any vacancy on my firs...

In regards to the two items you noted:1) The unilateral decisions referenced was an open question for a member of the community hopefully with a legal background to opine because I said I did not have one. 2) The comment regarding "closer to a ponzi scheme" is in reference to the practice of claiming positive financial leverage on loans that have an interest rate falsely giving the illusion of positive leverage because interest has been prepaid either through a buydown or a lower than market interest rate cap.

I'm managing the GC, following up work schedule, making design decisions, hiring a consultant and inspector, communicating with the city, utility companies, and more... 

Nothing you are saying here is incorrect.

But we still had capital locked up for years, waiting on a judge’s decision.