The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

He knows his stuff and is really good at making IG videos: his brand is a very clever mix of being super humble, telling everyone profits are less than you think and then flashing some fat $$ he made by selling to his investors.

I told her no and then she told me to sell my crypto, sell my stocks, apply for credit cards and offered me financing.

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

Thanks in advance to everyone who shares their thoughts.Let's pretend I'm some 23yr old know-nothing in real estate BUT what I do know is Real Estate Investing content sells like hot cakes. 

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

You can get eaten alive in the Baltimore market by people selling you Class D properties "dressed up" as Class B.

A 1031 exchange is for selling an investment property then buying another investment property. 

Quote from @Sarah Ali: The seller has a contract with the agent, which means they can't legally sell the property without compensating the agent.

And you don’t have to pay it back when you sell, you do an exchange.