The team/agent community is highly competitive and if they were lying there would literally be hundreds of complaints from other teams to the real estate commission from these.Also the top teams are typically listed by a number of different reporting agencies such as realtrends, the wall Street journal etc.

The management companies want to gouge you, often charging several hundred dollars to send a zip file of standard documents to a title company before closing.

For me it is.Sure, if I went conventional and put 20% down at 4.5%, it would look amazing.But that wasn’t an option for me at the current time.I will have more deals in the future where I can go that route.For now, this gets me in the game, builds a relationship with a commercial lender, gives me experience, and puts a few hundred dollars a month in my pocket, while having none of my own money in the deal.I’m damn proud of myself, because I passed on other deals that I knew would work, but not in the way that I wanted in the present.I needed to pull all of my money out, and I succeeded.Looking forward to placing tenants and get the place producing.

What makes this particular property special is that it is in DC, which is a very expensive market by the way, and it has high end finish such as custom cabinets, marble counter top & hardwood floors throughout.

Opening walls, nice cabinets, granite, trim work throughout.

The bank agent at chase said she's lost hundreds of thousands given their policy.

So a buy n hold REI that barely cash flows could be cash flowing hundreds of dollars in a few years.

Hello my name is Carolyn , my husband Ron and I are just beginning to consider flipping houses, we are semi retired in the Daytona Beach, Fl area , we own and operate a state licensed Roofing company and would like to find others in the area who we might consider partnering with, if there is a good fit, Ron is a retired carpenter with hundreds of remodeled homes to his credit, hope everyone has a blessed day and finds the true Joy of friendship.

You're likely to get only a few hundred dollars per month of cash flow from your properties and putting that toward their mortgages will not really pay down the principle that fast, especially considering that you pay more interest than principle at the beginning.You're also buying turnkeys - so you will purchase them at market prices.

This means that they have the resources and means to complete the repairs and they are experienced enough to determine rehab cost without hundreds other people being involved.