I am interested in purchasing a new investment property and have been pre-approved for up to $700,000.

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

Quote from @Melissa Sejour: I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties?

My wife and I purchased a home at the very beginning of 2022 and "house-hacked."

How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc. 

Purchase price: $920,000 Cash invested: $150,000 Sale price: $1,470,000 Retail Office Space Fix n Flip What made you interested in investing in this type of deal?

Purchase price: $255,000 Cash invested: $51,000 Second property, bought soon after the first multi-family.

Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

You can also do up to 85% LTV on a purchase. 

I purchased my first property in April of 2024.