Building a strong foundational knowledge base is essential, and you can achieve this by engaging with communities like ours here or by joining your local Real Estate Investors Associations (REIAs).

If the deal is good enough and you are confident about the profit potential, you can always use credit cards as a short term cash source as well.I'm also relatively new to this, but have recently jumped into the game.

You are not licensed, at least in part, because the activity you're engaged in would be prohibited of any licensee. 

They want more online leads, but I'm quickly learning their bigger issue is outbound sales & marketing, i.e. understanding who their customers (and referral partners) are and engaging them meaningfully.I've been lurking on BP and researching their build areas and it seems like their primary clients are developers and investors, not individuals building their dream vacation home (though they are part of the mix).Their value prop is dollar efficiency and speed.

Looking online and running numbers when you aren't looking at anything in real life will never give you the confidence to pull the trigger.

@Tylere WeaverIf you sell now and seller finance it I do t believe you can then do a 1031 later as the property was already sold.Check with your intermediary- there are several here on BP you can engage with.

My realtor seemed a little miffed, but I have 17 days to get the appraisal done before closing and my MLO is confident we can get it done in time

If you're serious & confident you can lease your properties up in time, you may want to consider putting significant rent money and EMD up front.Feel free to shoot me a pm or give me a buzz at contact info in bio - always down for a chat!

It may be time-consuming, but if you do your research and confirm there are no challenges, you can proceed confidently.

Statement fro the National Association of Realtors: “NAR launched an all-hands advocacy effort on this issue, meeting with VA officials, engaging with lawmakers and rallying our industry partners to ensure this prohibition was lifted,” Shannon McGahn, the chief advocacy officer at NAR, said in a statement.