Real estates makes money when you purchase the property.

Purchase price: $220,000 Cash invested: $30,000Currently house hacking.

Quote from @Olivia Armstrong: Hey all, My husband and I have been searching for a property purchase, one that temporary checks our boxes and also kickstarts our investing journey.

I am thinking about purchasing land for the intention of using it as a RV & Boat Self Storage.

I'm currently planning to purchase a commercial multifamily building in Chicago with the proceeds of a 1031 exchange.

Purchase price: $25,000 Cash invested: $45,000 Sale price: $70,000 Foreclosure auction.

Thanks so much  Hey how are you doing, I’m also looking for a reliable PM in Cincinnati.

Since there is a co-owner, you would have to purchase the property and it is really hard (if not impossible) to pull a HELOC as the basis for the purchase (since it is not your primary residence). 

His credit score is fine but his income is showing too low to get the loan, so I though maybe I could use my HELOC to make the purchase and do a Lease to Own.

We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.