Thank you so much for taking the time to respond.Here’s where I’m at in my journey:I don’t plan to rush into purchasing my first property.

This allows you to purchase a place at 5% down and renovate as you need to.

Our plan is to purchase again with a better mindset of turning that into a profitable rental.We have diligently completed all the necessary steps and are on the verge of signing a management agreement with a property manager.However, we are experiencing some doubts.  1.

You purchased six properties, and we have to assume, based on your post, that you purchased and renovated them for below a current market value. 

I recently purchased a property with the intention of doing a fix/flip.

I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.

I would also like to know the purchase price and current market value.

Are you trying to figure out what your strategy is going to be when you decide to move into your next property after this first time purchase?

When purchasing a rental in 2025, deciding on ownership structure (e.g., joint ownership vs.

Why do you think purchase contracts are so long and have such small print?