I am just beginning my journey as a wholesaler with zero money and zero knowledge.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

Between carrying costs, having to potentially raise equity and/or utilizing debt during the pre-development period  had I settled plus associated time, I  probably would have spent a similar amount of money.

Two other things to note about #401kloans:Possible benefit if the stock market turns south, the money outstanding against your 401k loan is no longer invested into the market! 

You should factor in time value of money and opportunity cost.  

Please let me know if you need more info to create a clearer picture.Thank you.That is actually a good question to get advice from a local estate attorney on.

LLCs tend to be beneficial for financing options if using hard money as it can be required depending on the program.

and guess what - that might be OK too - but only if 1) you're OK with spending that money and 2) the investment justifies it.

You can actually use more than just a DSCR loan here if you cannot validate the minimum credit tradeline overlay lenders have.

You’ll need an agent who knows the area well, a solid property manager, reliable contractor connections, and lenders if you plan to use private money.