So we didn't do a 203b.Well actually our income self funded our renovation and that "downpayment" ended up buying our first two pure rentals.

I bought a second for investment and would not buy anything that did not bring in positive cash flow because it was purely an investment.

Afternoon everyone.Just wanted to introduce myself, I am Ryan from melbourne, Australia and our team are cash buyers in the Cleveland, ohio region.Additionally through our network we always have access to some great deals in the area.Would love to network and form some strong relationships and create some Win/win deals for everyone.Ill be coming over on behalf of our team to the US in May purely to form relationships and buy property.Look forward to hearing from you.Cheers Ryan

As I have seen you talk about more than a few times here there are a ton of people selling pure garbage to the uninformed. so my comment had more to do with balancing the scales than that there were no other good ones. 

The closer you are and the more precise your product is to the comps makes your negotiations base purely on fact .

It purely sucks being new. 

If you look at it purely as a cashflow play, then I think that changes how you evaluate the purchase.

As a result, I will make it a point to track these factors at least annually, and adjust the location of my portfolio accordingly, as well as divest my portfolio when the overall trend slows.I will, however, continue to do pure flips out of my IRA LLC, thus obviating the impact of short-term gains from a tax perspective.

What I find with looking into real estate crowdfunding is that I think most investors are just investing on pure "faith", they are not doing much of their own due diligence on each deal.  

It was pure competition, and I loved it.