nice, we've been looking at making one of these in-house, seems like a challenge but if executed well should payoff quickly

They can provide quick access to funds for renovations.2.

Flipping houses in the current real estate climate with higher interest rates impacting long-term rentals offers exciting possibilities.Given the strong seller's market in the Dallas-Fort Worth metroplex, including Garland, selling your flipped property could yield a quick turnaround and potentially higher profits.

Hey Tim - thanks for the quick reply.

Doing a quick search, I see a bunch of duplexes in and around Austin available in the price range you are talking about, if that's where you are from and want to live in the future.

After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.

Unless you are getting a bank loan and are willing to accept higher interest rates and balloon payoffs, buying within an LLC is not a clear-cut decision.An LLC can be created very quickly and should costs under $1K, but you need to know there will be costs and time to maintain that LLC every year.  

Financing provides potential for exponential growth, tax benefits, and diversification but introduces risks like negative cash flow and interest rate fluctuations.Since your goal is to retire quickly, a balanced approach—using some cash for immediate income and financing for long-term growth—might give you the best of both worlds.

Here's a little tidbit I noticed a few years ago that I thought I would share.  I'm giving a reverse example, as in I will show how my credit score dropped 59 points in one month because I forgot to do my "trick".The ...

Young investor looking to scale quick and own a lot of properties in the Columbus, OH.