The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

Most of this help comes from Both of my mentors so yes I am grateful3- tennacy is going great and sound!

You’ll be fine, sounds like the facts are on your side.

Hey Keenan, This sounds like an interesting opportunity, especially with a quick rehab timeline and solid profit margin.

Sounds great Samuel, I am around and would love to connect. 

Hopefully this makes sense, but sounds like you are got caught in an assessment when you purchased.

And if you don't have experience investing in trust deeds, my example may sound confusing.

Most invest in these smaller assets focusing on wrong criteria leading them to markets without meaningful appreciation and even when they do stumble across a market with strong fundamentals they do not understand  real estate finance and/or fail to exit these assets when they the appreciation event occurs wrongly focusing on rental cash flow.The ability to combine a high earning W2 with a sound investment thesis is a winning recipe but not realistic for most.

It sounds like you’re in a great position to get started—$100k saved up and a clear goal are huge advantages.

What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw).