Novices can prosper in distressed properties given a strong support network of brokers, contractors, and financial advisors.

So you will have support along the way, and we can answer any questions as they come up. 

Write it up to an education, spend some time sharpening your support team (particularly in the trades) and start thinking about how you can do it again!

Most 1-4 unit real estate investors are using DSCR loans right now for any buy and holds while flippers lean on higher leverage bridge/fix and flip loan options with higher interest rates.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

You don’t need anyone to hold or manage your SD 401(k) plan.

I’m really rethinking this.There are no comps in the area to support his price but I’m sure it will appraise, usually it does.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

@John Lasher What is holding you back?

I guess I'd like an option like that though instead of "Reject".Right now, they're just "Pending" in limbo.I'd be curious to hear others processes for handling this in PM software, even if you don't use RentRedi.I've tried to explain the situation to RentRedi support many times and they're making me want to pull out what hair I still have.Thanks in advance,Brandon

That said, if you have a very specific issue, please contact support@biggerpockets and perhaps they can assist you.