I set these base rates a year in advance, knowing that prices increase from Jan to Feb to Mar to April, and then decrease starting in May in the desert environment of Joshua Tree and Yucca Valley, CA. 

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

Ready and excited to start investing in real estate in the new year!

Great start on investing!

Step 2- close and start rehab-- would need to pay holding cost during rehab?

Hello BP friends, I have been trying to get my start in real estate investing.

When one machine goes down you start losing money in a small way. 

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.