My thinking is that with a heloc as the downpayment or in this case with a foreclosed property, it would 100% of purchase price, I could refinance using traditional methods and pay myself back.  

I am getting ready to get involved in real-estate for the first time.

As of today, I have involved in more than 6 deals (as both GP and LP) because of the networking within the community and recently close a JV 44 units deal with fellow community members because of the community alone.

The money involved is not a lot.

Maybe he was legit at some point, as I know some good people that are involved with him and vouch for him. 

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

Right now, the one that has been catching my attention the most is the BRRRR method.

my cleaners do charge extra if there is a pet, as they said extra is involved.

However, you really only need to have the septic inspected if you are purchasing a mobile that will stay on the property.A septic inspection typically includes a sewer scope, which involves a small camera being fed through the plumbing.

Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.