Seller had been in the house since 1997 so had ample equity - he just didn't have the financial or emotional ability to get the house in sale condition.

Purchase price: $149,000 Cash invested: $44,000 Sale price: $280,000 Seller had been in the house since 1997 ample equity - he didn't have the financial or emotional ability to get the house in sale condition.

Although I’m 31, my initial goal was to attain 2 dozen single family homes before 30.

Not to say that these skills may only be proven by attaining a college degree, but this is often what a degree will represent beside a field of study. 

Does this sound reasonable and attainable?

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Just closed my first deal in Milwaukee with more on the works! Any out of area investors, feel free to reach out as I am open to wor...

Hey Aaron,Good job putting yourself in position to achieve your real estate goals by starting to learn and take care of your other debt.If I understand correctly, you're suggesting acting as the landlord, where once you fix up the place, you can attain a rent higher than the expenses, and you pocket the difference?

If not, which approach do you feel is most attainable given your current resources and knowledge?

I choose $200 as an average overall cash flow per unit because I feel like that is very attainable.

It’s now in pre-foreclosure but I need his loan number in order to attain his mortgage info.