Hi, im 22 years old and I have the resources to get stated in real estate by buying a foreclosure and rehabbing it.

There really isn't enough information here for someone to give you a proper answer.What you need to do is calculate those tax savings over the next 5-7 years (or however long you plan to stay in the house) vs. what the interest rate reduction will save you over that time period.

Hi everyone, I’m just getting started on my real estate journey and have spent the past few months learning through podcasts, BiggerPockets resources, and The House Hacking Strategy by Craig Curelop.

How do I properly analyze this property?

If you're still looking for more information on this, check this out: https://www.padsplit.com/host-resources/news/how-to-refinanc...Quote from @Michele S.: Hello there, I believe is my first post so bear with me.

You are correct the proper word I am looking for is ownership.

I'll share my resources with you via direct message. 

A great resource to explore would be the NARPM accounting standards.

He disclaimed that it's a do-able flip but a big project for a first timer without many resources.

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.