@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

I am a Real Estate Broker myself who has helped over 400 other investors.

The breakeven math is very important and I think it also depends on your cash needs.

We’re more than just a property management company—we’re your trusted real estate partners.I’m originally from Chicago and a big Chicago sports fan (even though the last few years have been rough for us).

Hi everyone, I've been involved in investment real estate and am transitioning into raising capital for real estate funds.

@Liz Lynn Great example of a reason to do your own DD first rather than depending on realtors/others.

Quote from @Jardin Gwin: Hi everyone, I’m a beginner real estate investor looking for guidance as I work toward purchasing my first rental property.

Look up Michael Drew (Real Estate Done 4 U).

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal.