There's no doubt you'll find success over time!

Your success in this space will also translate to different type of business relationships. 

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.

Feel free to reply here or DM me—I’d love to learn more about your investing strategies and see how we can help each other succeed.Wishing you all a successful and prosperous 2025! 

While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.

A partnership requires three things to be successful - Experience, Capital and Time.It looks like you have the capital and experience but maybe not the time.I have my doubts about this working if you have a friend who has weak credit and a limited cash flow.

It was “real success” Joe arias. 

Quote from @Joe Paasch: I have joined this site to gain important incites, discussions and plans to build a successful portfolio.  

Prohibited Transactions: Avoid transactions with "disqualified persons" (yourself, family, etc.).Alternatively, consider leveraging a HELOC (Home Equity Line of Credit) to access capital for investments.

Existing-home sales, for example, hit their lowest level in nearly 30 years in 2024, with just 4.06 million transactions.