There are a lot of poor operators out there but there's also a lot of good ones.

Its great that you have saved some money and have a desire but investing involves a risk of loss.

Kyle  You can find advice here, passive pockets and there are plenty of podcasts out there talking real estate.

Purchase price: $130,000 Cash invested: $9,000 Sale price: $185,000 I did not have the knowledge then to keep the property and pull money out to complete renovations to another property we purchased a year after this one that required a complete overhaul.

Before sourcing the loan I would  speak with a contractor on getting a complete scope of work done and pricing.

Wait, I get it, their online reputation will be enough of a guarantee for you!

First of all welcome to the BP Community. 

Feel free to reach out if you ever have any lending related questions.

I’m from the NYC area, but the prices here are out of my budget. 

Also need someone to draw up a set of plans.Some walls exceed 3 feet.