Ideally I would like to quit my job and focus on real estate full time but unsure of how to navigate that as a military family.

But I could really use your advice and insights on how to navigate this journey.If you've got any tips or stories to share about your own real estate beginnings, I'd love to hear them.

Purchase price: $389,000 Cash invested: $120,000 Sale price: $710,000 Investment Highlights:- Located in a fast and solid growing neighborhood close to restaurants, bars, art shops, art galleries and tech oriented co-working buildings. - ​Fully upgraded with energy saving high impact windows, new AC units, new electrical panels, plumbing, new kitchens, stainless steel appliances, each building has its own energy efficient washer and dryer, energy saving lightings, landscaping, new high quality porcelain floors.​- No flooding area.- ​8 street parking spaces.

@Quincy Mingo I'm a local lender in Chicago and can help you navigate this.

Borrowers should be prepared to navigate changing lending criteria.Risk Management: Borrowers should carefully assess the risks associated with DSCR loans, including potential fluctuations in property income and interest rates.

For seasoned developers equipped to navigate a competitive market, it could be a lucrative niche, but newcomers or those favoring a traditional approach should proceed with caution.

Hello BP!I'm excited to put myself out there and be a part of this community. The idea of taking some real steps in real estate has absolutely captivated me... and I'm really interested in the prospect of investing in...

Calculating potential rental cash flow involves considering factors such as property taxes, maintenance costs, and potential rental income.Consultation with a local real estate expert can provide insights into market trends and help you navigate the specifics of converting your home to a rental property.Additionally, understanding the current market value of your property will contribute to a more accurate assessment of potential equity gains in the future.Hope this helps!

The right agent will be able to help you navigate the purchase process and analyze deals. 

I'd greatly appreciate any insights, experiences, or advice you could share, especially from those who have navigated similar decisions.Thank you for your time and wisdom!