Investment Info:

Single-family residence fix & flip investment.

Purchase price: $107,000

Cash invested: $20,000

Sale price: $189,000

I bought my first RE property on 6/2/2002 when I was 21. I...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $107,000

Cash invested: $20,000

Sale price: $189,000

I had saved money from various jobs and from a couple cars...

Coming from another military member this can be difficult to decide where to invest when home is moved every few yrs from traveling (PCS).  

Typically, this will have a short, fixed rate term (1-5 yrs) and be amortized over 15 yrs. 

I agree with another poster that I have had no turnovers in over 3 yrs!!!

I'm 19 yrs old and really wanting to start acquiring properties.

      Have always loved real estate , been to two different schools to be licensed ,one in Georgia where i was licensed for a very short period of time ,one in Kentucky where all i had to to is take the test, however , i was getting in to building and selling at the time and it just took over and 20 yrs. later I never looked back .

I'm in Vernon parish and I'm where you were 3 yrs ago when you posted this.

Been at this for 18 yrs and have always taken the position:Can't trust the applicant to do this correctly and you may well get last years which is useless.I pay for the reports (cost of business) and get current data from Experian or Trans Union.I pull the CR, BG, Eviction reports ONLY after they pass muster:  Verified employment, income, prior landlord comments, so the expenses are well constrained.I also ignore the FICO score as that's the Banks view and I'm more interested in the 30,60,90 lates as that demonstrates their current habits.

I am 40 yrs old, married with 6 children (only 3 living at home).