The 85% minus repairs buyers just have monster bankrolls and are trying to churn mass volumes of homes, 100+ a year.

It is good to have family members to bank roll your deals, but one day you will be left to do it on your own and then you will decide if you are real estate mogul.

Even that is far about typical returns.I wouldn't be publicly stating how much I have to invest.10% for 12 years gives you a 3.1 multiplier on your starting bankroll. 18% is a 7.3 multiples, 20% 8.9.Consider a hypothetical $1 million building, 30% down 12 year 6% loan.

I have done 5 fix and flips since then with him, I have been building my bank roll, and trying to learn as much as I can about real estate, business, and life in general.

If you have a deepish bankroll and want to give it a go, you could probably do it. 

Tax Deed auctions do allow you to get the property, but as you know in Florida, you need a decent bankroll to buy one at auction.With $20,000 I'm sure there are other strategies you can employ to buy a property.

The job is a means to build a bank roll for investment.This job may work out as it is with family and there is an understanding that I may be out of commission here and there.The lack of recent employment history is concerning and I will have to meet with my bank rep soon.

Im looking for way to finance my first properties in order to build my bankroll to use  conventional funding.

I built up a bank roll over the years to help fund those properties.

The tenents are current but I will ask him for bankroll to prove that.And as far as them being individually metered i'm not sure but the renters pay there own utlities so I would assume they are.