However, my wife's cousin was doing very well after his program with wholesaling and then moved on to fix and flips until he was able to get enough rental properties under his belt.

It needs to be cleaned and have a blower motor replaced for an estimated $250.

Although some say your first deal is really just to get one under your belt, I still want to hold out till I find a good deal.I have a few connections in the fix and flip/fix and rent business including my father, so its definitely nice to have some people in your corner to look over your numbers and make sure you are in the ball park.Because this is my first deal, I am thinking a fix and flip might be the best way to learn the basics.

It really is amazing though when you get a few deals under your belt, the money seems to find you!!

Hi @Aaron Belt!

After you’ve got a deal under your belt that won’t be an issue.

Plus you have companies like Zillow and some PE just paying silly money to buy property.On our first flip we had the purchase using a regular loan, we had some reserves from a prior property sale, and some healthy credit line as well as decent paying day jobs and we had to tighten our belt a bit.

That loan is an incredible tool in your investing tool belt.

Nice fitted dress shirt, nice fitted dress slacks (navy blue), brown shoes, brown belt.

I have a fair number of deals under my belt and even so, the going rate for someone with experience renovating is 12%, plus 2 points for hard money.