Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I do it each year.

That doesn't mean you have to file bankruptcy, but you do need to know there are better solutions than Subject To when in foreclosure.If you sign a deed in lieu, that means you will no longer own the property and will probably never be able to buy it.

BF it, live in it, then leave it!

It’s great to see your enthusiasm and commitment to learning wholesaling.

Yes, that's the way to do it, but I wouldn't rely on a property manager or realtor for that.

Do they suggest how to enter the transaction accurately or enter an adjusting Journal Entry.

Do you prioritize equity growth or cash flow in your investments?

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?