The management companies want to gouge you, often charging several hundred dollars to send a zip file of standard documents to a title company before closing.

For me it is.Sure, if I went conventional and put 20% down at 4.5%, it would look amazing.But that wasn’t an option for me at the current time.I will have more deals in the future where I can go that route.For now, this gets me in the game, builds a relationship with a commercial lender, gives me experience, and puts a few hundred dollars a month in my pocket, while having none of my own money in the deal.I’m damn proud of myself, because I passed on other deals that I knew would work, but not in the way that I wanted in the present.I needed to pull all of my money out, and I succeeded.Looking forward to placing tenants and get the place producing.

The bank agent at chase said she's lost hundreds of thousands given their policy.

So a buy n hold REI that barely cash flows could be cash flowing hundreds of dollars in a few years.

Hello my name is Carolyn , my husband Ron and I are just beginning to consider flipping houses, we are semi retired in the Daytona Beach, Fl area , we own and operate a state licensed Roofing company and would like to find others in the area who we might consider partnering with, if there is a good fit, Ron is a retired carpenter with hundreds of remodeled homes to his credit, hope everyone has a blessed day and finds the true Joy of friendship.

You're likely to get only a few hundred dollars per month of cash flow from your properties and putting that toward their mortgages will not really pay down the principle that fast, especially considering that you pay more interest than principle at the beginning.You're also buying turnkeys - so you will purchase them at market prices.

This means that they have the resources and means to complete the repairs and they are experienced enough to determine rehab cost without hundreds other people being involved.

Mortgage is about 700 so if I rent it out for let's say 1,100 I still save couple of hundreds after I pay the monthly mortgage and then once I have paid off the mortgage, I sell it.

Look for a kids sports team that wants to do a fundraising opportunity.A football team full of kids can easily put up a couple hundred signs in an hour or two.Marching bands are good too.

Managing at a distance provides a little bit of a challenge, but there are hundreds of people on this site who do it and can share their experiences on how to do it well.