If the house is funky, it will be funky after you fix it up..

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $990,000

Cash invested: $350,000

Purchased this home with my former partner back in 2018 and we put 200k dow...

I had a similar strategy with my first few house hacks: buy in great A & B Chicago neighborhoods....get by with minimum cash flow, and wait...What's your plan for the next purchase Michael?

We have 60 rentals12 air bb units, Ohio  and Fla. 15-20  flips and wholesales, between buy and sell close at any point. 

Save for a house hack in the meantime.

But house hacking, short/long term rentals, new build/ mixed use developments and  live in flips all have my attention right now. 

Congrats on the flip!!!

I strongly advise anyone purchasing an old house to flip to ensure they have a clear understanding of the condition of the home's drainage system.

When a developer can't obtain subsidies for their affordable housing projects, do they just wait until the next round of subsidies availability?