While convenient, it’s not necessary to pay that much unless you want the hands-off approach.Since you’ve already set up an LLC before, you can absolutely do it yourself again.

Hello everyone,I am new to real estate and am currently trying get my hands on my first deal, however, I am torn between two pathways.

Businesses on the other hand are all about cash flow.

There are a handful of investors offering nonQM investment property LOCs that are more like hybrid LOC/cashout loans.

For some reason, the keys were handed over before his checks cleared. 

Again if this is a wholesaler who is assigning the contract, that's a different story and very well could be a situation where financing is not plausible so I would begin there.In terms of the strategies you are contemplating I don't understand the process of purchasing with the $200,000 cash on hand and then refinancing 75% of the purchase price 6 months later?

Thats not bad either, and you have 100k in your hand.

Over the past year, I fully renovated a house owned by a family member, which has given me some hands-on experience.Currently, I am exploring properties that I could potentially fix up and have been practicing underwriting for these prospective investments.

Go where your income to cost of living is the greatest ratio, hands down.A good portion of my borrowers buy out of state and use property management to deal with the properties.If your in college you've gotta increase your ACTIVE income, before you get passive income.

On the other hand, residential rentals aligned with appreciation tend to be more stable and are a solid bet if you’re looking at long-term wealth building.