I know I made a lot of mistakes here, and if I could go back would certainly do things differently.Key facts:• no written partnership agreement • In business for 1 year, with 8 total combined clients• 2024 total income $29,500• No shared business property or initial investment.

This creates a negative initial position.

It has taken the last 6 months of the year to come to terms with an essentially game changing mindset: "Track the input and let the effort determine the outcomes"Initially I wanted reach a goal of $100,000 in a year wholesaling real estate.

Another option is exploring secondary market platforms like NotesDirect or Paperstac to streamline sales.Hurdles you might face include ensuring clear documentation, compliance with DSCR underwriting, and strong borrower credit profiles.

My initial net rental income was $402 a month to $224 a month.

Also be aware that your cash-out refi will likely need to be 75% - 80% LTV, not 99% like the initial financing when you run your numbers. 

Assisted living has historically outperformed most other real estate classes, have maintained incredible occupancy rates (despite the COVID blip), and continue strong rent growth.

They provide strong asset protection, separating your personal finances from your business.

Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.

There is poor correlation between initial cash flow and actual long term cash flow.