Reality Check: What’s one thing you wish you knew before you started flipping houses?

That isn't reality though, in the real estate world you have to be diligent and go through each step one at time before you move on to the next because they can crush you if you don't understand them thoroughly.Crawl before you walk and 3 years out you will be rewarded.

I am new to this so I am running out of ideas but in reality to start living together we need a 4 bd house for our 3 kids and a bunch of pets so we know it would be a house around $800K until we can make more money from our jobs and side hustles.

Reality is today, unless the property has been on the market for 45-60Days a discount off the 87-88% net to HUD is unlikely.

Talk to your bank and ask if you can have the date of the mortgage payment moved, but in reality you should have enough money in that account to cover a few mortgage payments-what happens if you have a vacancy or rent is late?

Since parenting is one imperfect human raising another imperfect little human, it isn't a pass/fail kind of thing anyway.My kids have been told that there is no inheritance and that every asset has a debt attached it, which isn't far from reality.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

So on paper, sure, you'll get there maybe in 8-10 years but reality will hit.

The reality is youll need to quit your job.

The reality is with a short time horizon there is no cash flow in the DC area.