$3500 to $4000 is what it will cost you and if you don't have the cash you are in deep crap!!

Once you get more experience you can look at City of Detroit properties with higher cashflow -- but also higher risks.You may want to follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...

oThe kicker is that, you only have 2 YEARS to unwind any deals that your IRA has already invested in or the entire account becomes taxable and you’ve lost all the benefits of having an IRA.oYou might need to sell your existing positions (at a DEEP discount) to get out of a deal before time runs out.

@Pierre Preston Bigger Pockets does a deep due diligence on these lenders before they are allowed to sign contracts to be featured. 

Core drill the bottom or jack hammer openings especially in the deep end, but throughout (must obtain drainage).  

It’s immensely helpful to have the deep knowledge of a market when you’re looking for your first deal.

So if you borrow money against your home right now, you're going to pull the cash out of it, and then the market's going to fall and the value of the home is going to drop during the down cycle because we're looking at it heading into a deep recession.

Hello BP Community,I wanted to ask everyone how they conduct market research, what you're processes are, and how you go about filtering all 50 states, to exclude states from your research and how you choose states(cities) or areas of interest to take a deep dive in.Ex.

I just have trouble believing that the entire mortgage industry has not safeguarded itself from a hyperinflational scenario in some way… Let me throw some possibilities here for discussion:- Is there something buried deep down in the fixed loan terms that would allow the bank to change either the principal or interest payments of a fixed rate mortgage under certain circumstances, even if you pay it on time and never violate the terms on your end?

There are still opportunities out there.Most important is finding a market/school that makes sense #'s wise and then going an inch wide, mile deep in that market.