If I have to use every dollar I have access to and drain my life savings dry, so be it.

., and based on previous life experience, I am confident somehow, somewhere, someday, I'll be able to use this information to my advantage.

Are you willing to change your current lending criteria?

I just bought a house that I could afford, did what I could to create equity and tried to repeat that process when I had an opportunity.

There is still a risk: You do not have the right outprice and lose money, your deal goes south due to unfound things when you bought it, then the rehab phase brings them up, and you spend more, and the market changes, which is something that can happen on a moment's notice.

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

There's always someone getting older, or something going on in their life, and wants to sell out.

LLC offers no tax savings.This post does not create a CPA-Client relationship.

Top Renovation Trends for 2025: Renovating homes isn’t just about updating spaces—We have found that it is about creating a lifestyle that resonates with today’s buyers.

When I ran the numbers I always considerer a macro change with Euribor increasing to 5%.