Exactly if its a hot deal cash just means you beat out the next guy who needs financing does not mean deep discount .. at least in markets were RE is sought after.

Thats not my model and homes at that price point havent penciled out for me but im very much doing BRRR in my market with properties that do pencil. we add ~50k-60k of equity per BRRR on properties around 200-230k ARV  You can definitely create equity in D.C. though the 200k listed above is highly unlikely, the biggest issue is at those price points you are deep in the red cash flow wise after refinancing. 

I have been in the books and came accross Bigger Pockets, i would like to dive head first into real estate investing but the un known is a little scary.

Unless you're buying it at a deep discount, no $280k home rents for $2,500.

I’m thinking it’s wishful thinking to think being a BP Pro now gives me a MONTHLY credit but who knows 🤷‍♂️ either way now I do want to dive into it further 

Real estate investing can absolutely be a game-changer when it comes to freeing up your time and helping shape the community you care about—especially in our beautiful region.You’re on the right track by diving into BiggerPockets.

Over the past few months, I’ve been diving into Brandon Turner’s books and bingeing Dave’s BiggerPockets podcast whenever I have the chance.

From personal experience, this can motivate them to do a final deep clean before handing over the keys.Finally, for peace of mind, you might consider consulting a local real estate attorney.

If a sponsor is touting a 7.3 entry cap in a 6.4 cap market, I'd be digging really deep into how that 7.3 was calculated, and how that 6.4 was substantiated. 

Hey Mario, congrats on diving into the commercial side of real estate..