Take advantage of this, explore widely, and look for the right property at the right price.

Before I could move the door swung wide open and then slammed shut.

The program had a blue print for securing your first deal in 90 days.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Samuel MartinTo secure a new property deal with limited capital and potential DTI challenges, consider Home Equity Line of Credit(HELOC) or Cash-Out Refinance, partner with someone with capital or credit, explore creative financing options, use a BRRRR Strategy, reduce DTI through income boosts or portfolio loans.

Had them sign leases and got security deposits.

So, if you secure just 1 or 2 bookings under 7 days, you could potentially meet the criteria, provided you demonstrate material participation and proper active management of the property.

I'm hoping this leads to me avoiding a lot of those early mistakes, but we'll see how well that actually holds up.The main thing I am excited about with Bigger Pockets is hearing opinions and thoughts from a wide array of people.

Earnest money deposits are often required to secure a purchase agreement, signaling a buyer's serious intent to sellers.

The time has come to secure permeant financing on them.