Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.

The Latest OTM episode calls out some markets that I've been hearing about for a while, ie Dallas, but one specifically that caught my ear....
@Shyd Coloma the word might be out on Oxnard!  I do generally agree with ...

For example, if you buy a home for 100k, and then improve the property and now it is worth 200k. 

Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.

Investment Info:Townhouse buy & hold investment.

Hello All,I'm considering buying a small home on a small lot in LA.

i would not buy a random property in Alabama that you find on Zillow and turn it over to people you've never met just because the price point is appealing.here are some threads on how that can go:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i own property in 3 states - happy to answer any questions you have.

Another cool thing about that is that most their properties are in the low 100s, which means that I can buy 2 of them, and then buy another every time I can gather 25k more.

They are just going to use their 2nd VA loan to buy their next one while this one is tied up.