I'm currently building up capital for future ventures and properties that I find on market, as well as attempting to find the best brokerage where I can work under an individual who is already more established.

Every flip is like peeling back layers of an onion, but this one came with tears, sweat, and the occasional scream into the void.

I currently have no debt and make under $100k a year.

I assume you would use your own $ to put property under agreement and get investor to close around same time, but if not you will have 1-2 months of holding costs plus time to renovate and time to sell the property.

That said, it's nearly impossible to find a decent option under $300k in those locations.If you have an apetite for rolling the dice and saying "I'm so glad I bought this ten years ago!"

I just recently went under contract on my first property.

Marcus - do you have the deal under contract?

Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you

There are snakes under the hot tub.3. 

Or explore what BP has for calculators under the 'Tools' section.