Purchase price: $65,000 Cash invested: $11,000 Our first investment has been a long time coming.

And did you have any time budget overruns, permits taking longer than you expected, or material shortages, contractors not showing up on time- things like that?

I think  it's Vegas doing poorly, which is just an indicator of the economy and times.

I got into the life insurance industry part-time to help others achieve their financial goals, and I'd love to connect with any investors looking to explore how this tool can strengthen their real estate business.

keep going after it. run lots of numbers and do a lot of underwriting. feel free to reach out at any time if you need help in your market. these properties that are 3 units are rented and then a cash out refinance that not only makes money but returns full capital to the investor on DSCR loans similar to the interest rate you mentioned above. 

Quote from @Craig Jones: The biggest issue here: If you're covering a property with a homeowner's policy or LTR landlord policy and the property is actually a full-time STR, then you're concealing material info about the property's use from the insurer. 

If so- what would you rate your work effort (not afraid of work), and the time to close a first deal?

I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.

Purchase price: $150,000 Cash invested: $90,000 Full remodeled What made you interested in investing in this type of deal?

Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military.