We just finished one flip with a $120K spread that literally no one else wanted to touch due to the age...!

I ended up with millions stuck in IRAs and roths I’ll never touch because of real estate.

Is this 1 flip where you're going to lose $20,000 and never touch real estate again? 

@Preston Dean I personally like to make sure I have a set amount of reserves for each property to cover things, so if you have a pool of funds sitting aside personally I would just earmark a certain amount that you don't touch except for that property (or an emergency).

Perhaps I'm an old out of touch birdie, but if I made $292,000 a MONTH doing land contracts, I would focus all of my time and energy on that and adding to it.

(I mean Special Financing Company)...Since REI Hame Changers has chosen to associate themselves with such a s***** business, I would never touch them with a 10-ft pole...On Monday , January 6, 2025, I am going to open up a huge can of whup *** on these people...First I will file fraud charges at my bank to stop any further payments .Then I will personally drive to Missouri if I have to to get my money back.They ( REI and special financing company)will then be charged for everything to do with that trip-Plus I will sue them for the substantial lost wages because I have to deal with this-!!

I know DSCR lenders typically don't touch them.

And your #3 touches on Marketing. 

That is assuming you pay the money back in the same year.Prior to real estate my 401K was my golden goose and I would never consider touching it but now my views have changed. 

He kept in touch with local contractors, and one tipped him off about a homeowner who ran out of funds mid-renovation.