Each of these two operation is tax free, therefore maximizing your gains.From personal experience, I have used all the approaches described in Option 2. above to fast track my base capital for investments.

I recently wrote about how to find mentors here:https://www.biggerpockets.com/renewsblog/the-truth-about-finding-a-mentor/It would also be helpful if you described what your goals are and what you've been working on currently so people can help.

It sort of sounds like that is what you are describing.

What happens when you describe the house?

Since its my first deal I fear buying at the wrong time, though I know if the numbers make sense then that would take away most of the risk.I have a real estate investment book (by David Lindahl) that describes there being a various amount of phases: sellers market, sellers market stage two, buyers market stage one & two.

In order to grow rapidly in RE, you have to use leverage as much as you can, which is exactly the opposite of the approach you described in your initial post ;).

At first glance if it is as you’ve described it should cash flow fine.

As you can see from my screenshot, here's how my options look from the same location that you described: This is because I'm only a Plus member.

@Kyle J. technically what you describe of recruiting later investors to pay early investors is a Ponzi scheme.

Ryann Maginn thank you, I’m not sure where to even start with the cold calling strategy you described, that might be a little more advanced for where I’m at.