Also don’t forget landscaping and general pest control (termites) if applicable.

You'll gain valuable insights into evaluating deals, financing, and managing properties.Local NetworkingPlug into local investor meetups in your area, the Pensacola area should have tons of groups.

So it crushed us cashflow wise because we couldn't finance anything and all of a sudden I'm too asset heavy and cash poor.

We've built, ground-up, several homes and my mortgage company finances tons of new construction projects.

After that initial down payment, the bank will basically be financing your investments.

How did you finance this deal?

Owner Financing and opportunity How did you find this deal and how did you negotiate it?

Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.

To thrive in real estate investing, you must maintain a firm grip on your finances.

B class will be basically break even maybe slightly positive cash flow on a good deal with your typical 20% down payment and financing the rest with todays interest rates.