If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

Wholesaling teaches you an extremely valuable skill in RE: How to find off-market deals.

Personal guarantees are EXTREMELY common.

My concern for you is that you seem to be trying to force something to happen and that can lead to a decision you regret down the road.

If you start a JV in name but do not give your partners proper control and decision-making rights and the deal goes bad you open yourself up to serious consequences which can lead to SEC violations with extremely high fines.Lastly, you can offer the project up to investors who have no voting or control.  

We have been working to be extremely conservative with our estimates but with this being our first go at this, any additional expertise is greatly appreciated! 

Happy to answer any questions or concerns. 

If you have any questions or concerns, please email us at ______or call us at _____.Best,

Given your concerns about California’s high prices and tenant laws, exploring out-of-state markets is a great idea, especially for rookie landlords.Oklahoma is worth considering!

Hey Rachel,I can't help you because of the location but you're going to have an extremely tough time finding insurance for that type of risk.