Moreover, I would recommend prioritizing a W2 position over 1099 self-employment/sales for two reasons.

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

How many Due on Sale clauses have you actually seen enforced?

By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.

If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.

Purchase price: $75,000 Cash invested: $10,000 Sale price: $120,000 This is a 2 bedroom 1 bathroom single family detached house is South Georgia.

My biggest client today is a seller I didn’t even represent during his sale of a 24-unit building—he had another agent.

It can be paid off by a refinance, or a sale or cash out of pocket.The other issue is the pending divorce.

@Jackson Pudlo you'll have a better chance of success managing a unit right next door and learn a lot.Versus...Buying a rental in a few years that not near you.One of the biggest mistakes newbie investors make is not paying enough attention to their rentals because they are too busy with family & work.You really won't be able to ignore a rental next door to you!

Weigh the long-term benefits of the low mortgage rate you have versus selling and getting $500k from a sale exempt from capital gains tax.