I would be prepared to bring the 10% in out-of-pocket for the first deal, or maybe first 3 flips.

Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3. 

I reached out to all my tenants, buyers and sellers these last few days to help them prepare with their properties.  

Registration Requirements: Be prepared to register for access to the county’s systems, if necessary.Key Terms Parcel Number/Parcel ID: A unique identifier assigned to a property by the county.

It made all the difference, and he was able to get the loan for his personal home without a hitch.Another friend of mine found success by working with a mortgage broker who specializes in investor financing.

Be prepared to go though an eviction as a worst case scenario

Curious what made you decided to operate the house yourself instead of Oxford House or another tenant organization who specializes in this?

You will learn a lot in that process and be better prepared for round 2.

My name is Andres Padilla, and I specialize in buying real estate properties for short-term leasing, long-term leasing, and property flipping.

The repairs may be eligible for bonus depreciation.I recommend working with an accountant that specializes in real estate taxation.