I no longer work from a place of scarcity.I set myself up for success and work from a place of abundance.I have built my cash buyer list to close to 5,000 buyers, invested into a coaching program for private lending, and developed multiple exit strategies to be ready for any situation that presents itself.It let's me earn $40k per deal consistently today and occasionally hit some $90k+ homeruns.Embrace your mistakes, learn from them, and adapt.This is the only way to grow.

If you haven't already done so, you can pick up a copy of my book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending off the BiggerPockets bookstore.

Another option to consider may be investing in a turnkey property with solid management, allowing you to earn passive income without being tied down.

I no longer work from a place of scarcity.I set myself up for success and work from a place of abundance.I have built my cash buyer list to close to 5,000 buyers, invested into a coaching program for private lending, and developed multiple exit strategies to be ready for any situation that presents itself.It let's me earn $40k per deal consistently today and occasionally hit some $90k+ homeruns.Embrace your mistakes, learn from them, and adapt.This is the only way to grow. 

Here is the breakdown (for beginners) -  You can pay "Points" to reduce your interest rate.

Background:
Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions a...

Then you can park your capital, earn a decent return, wait for something great to pop up, then 1031 into the new investment. 

However, we basically redrew the floorplan ourselves, drastically reduced the sq ft of the house and got a local architect to create the plan to make it work with our numbers.

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