Purchase price: $285,000 Cash invested: $33,500 In May 2024, I purchased this duplex as a house hack opportunity located in the heart of College Station.

@Bryan HarveyJust realize they provide high returns but it’s my understanding your investment is an unsecured loan.

The first goes to foreclosure you will need to cash out the first before it goes to sale other wise you will get wiped out..

If you don’t have a clear understanding of your cash flow, operating costs, and future expenses, you could be setting yourself up for financial stress down the road.The Power of Financial ClarityYou can’t make smart decisions without knowing the full picture of your finances.

Even if you get a great deal that is 20% below market, appraisers will typically be anchored by the last sale price and you may be stuck not being able to pull out as much cash as you need to pay off the HELOC.

J Scott, one of the more respected authors/authorities on BP, provides scenarios in which wholesaling can be done legally and ethically.  

Serious investors may pass this by on the info provided.

The value of cash in hand today vs cash in hand tomorrow is significant and you should account for that for both sides of the transaction for any deal that you make. sellers going to do their best to sell their asset for max price.

If anyone tells you that you can get 15% cash-on-cash it's either a scam or ultra high risk. 

Also consider networking with investors active in those areas who can provide insight on what’s working.