Overall, it seems like the experience will be mostly wholesaling, with a little bit of other types of RE transactions, until I get more experience.Overall, it seems like they started wholesaling years ago, but now do a little bit of everything. 

I have lower-end property in a small town.

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

Hi Joe,I think going with a LOC is going to provide you with more flexibility than going through the process of obtaining financing for a purchase transaction.

Now I agree the 4 will cash flow better than one will but I also look at it from risk of 4 properties will have higher maintenance costs and lower priced properties tend not to appreciate as well as a higher value assetI am also in it for long game and managing one is easier than 4

@Claude Diehl,You don't need a CPA or tax expert here; this is a straightforward transaction.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

Some assets can be valued significantly lower than their actual worth because of illiquidity and other factors.

It is incorrect, but it will also lower your value!

There are some options at lower deductibles but trust me you will pay for it!