HelloWe recently purchased a property through 1031 Exchange and the title is with our Revocable Trust (Trustee my wife and I).

I am currently purchasing a home that will work great as a Rent By the Room. 8 bed and 6 baths in the DFW area.

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

I have purchased my first home already!

One approach that I have not seen included in the discussion is as you are still in the planning phase, you could change your approach and the facts to make it more favorable for your strategy.

The Homeowners Insurance will include Builder's Risk. 

I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.

We just closed on a 71-unit apartment complex, our largest purchase to date.

Purchase price: $80,000 Cash invested: $80,000 This is a reno- adding a 1 bedroom unit to a three family home.

I invest in Memphis, TN and I use the BRRRR strategy for most of my purchases.