Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.

Has anyone made a purchase on MKE yet since this chat or purchased through ACE?

I imagine the only way it would be possible is to do the bulk purchase in cash, sell off a couple and then put debt on them?

Purchase price: $160,000 Cash invested: $35,000 Purchased this property as a turnkey investment at the 1% rule moving equity from another deal.

Purchase price: $375,000 Cash invested: $87,000 STR What made you interested in investing in this type of deal?

These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.

Since purchasing the home, housing market in my area has declined about 20%.

I live in Lawrenceville, GA and am beginning my first house hack, working to purchase another property by the end of the year. 

Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.

I've purchased about 10 properties for myself and have always use my own broker.