Now, my focus is on building a strong portfolio, deepening my industry knowledge, and creating generational wealth through strategic investments.Welcome to the area!

@Chris CoreTo find cash-flowing properties for your first investment, focus on house hacking with an FHA loan, finding properties with rents that cover your mortgage payment, using real estate investment tools like BiggerPockets, and analyzing deals in emerging markets with strong cash flow potential.

Owner’s Draws and Tax Implications: Taking owner’s draws to recover your initial equity is possible, but this can have tax consequences.

Quote from @Albert Aitov: Hello everyone,I'm looking to start investing in real estate in DFW metroplex, but I'm having a hard time finding lenders that can finance my purchase price + renovation costs, I called to about 15 different banks (and all of them have different issues).Initially I was trying to find a lender that can finance 100% of the deal if it falls within 70% of projected ARV (I follow a few real estate investors that suggest to find such lenders, it is usually small local banks), but I couldn't find any lender like that in DFW.

Our goal is to expand the business strongly in residential wholesaling, and grow the fix and flip part of the business.

Instead of waiting for others to reach out, take the initiative and actively seek out the top wholesalers and providers of off-market deals in your area.

Construction is definitely for a different phase when you have a strong grasp over property ownership.

It sounds like you’re on the right track by building a strong knowledge base.

It had strong cash flow potential at the beginning.

With $40k saved, you’re in a strong position to consider options like house hacking, BRRRRs, or partnering with others to maximize your investment.