Commercial brokers will know more becasue they have to... they get the contract and hand it off and the deals i have done there i get inspection addendum's written by the attorneys and boy that is very dysfunctional.. no explanations as they are getting flat fee's and spend zero time doing what needs to be done to keep transactions together the little things the public does not see. but anyway thought provoking.... 100.00 and hour is a pittance to a seasoned agent.. don't see that flying.. but to a mid level or starter who comes from a back ground of getting paid by the hour..

By pooling financial resources, we secured the property and funded the $25,000 renovation, ensuring the project was well-capitalized from start to finish.

Leveraging his local market expertise, we swiftly negotiated the purchase at $190,000, securing the property under favorable terms that allowed us to capitalize on the quick resale potential.

Additionally, it can help you avoid the risk of having an offer accepted but not being able to secure financing in time.

I am not suggesting you can't be successful building a SFH portfolio and to an extent cash flow is necessary to operate the portfolio, secure financing etc., but SFH's are one of the more inefficient asset classes to own.

You should never ever ever provide a loan on real estate without it being secured.

Owning the property in an LLC does help with your debt-to-income (DTI) ratio, but it can make securing a loan more challenging.

Did you refund the whole security deposit or were there repairs?

I do not recommend pulling a home equity loan as a first time investor if you are buying a fixer-upper, the current rate environment is not favorable for rehab projects that run way past their scheduled timeline and you don't want to run into a situation where your family can't meet loan payments while your house is securing the loan. 

Gradually building your real estate portfolio without compromising your retirement security.4.