You need to set up at least 6 months of reserves or more before considering full time.Going part time gives you a chance to see if real estate is what you thought it was and without losing a livability income stream that you currently have.Show you can be a success and close deals so your partner feels good about your recent contemplated full time career change.You don't want to go from being a current asset with income contributing to the relationship to now she has her PHD and she is getting stressed carrying the weight load for both of you.

This is really a personal comfort level decision that requires contemplating many variables and options.

I am still contemplating what to do about my situation (see the original post on top).

By common definition a fix n flip is purchased primarily for resale and does not qualify for 1031 treatment.I've long advocated the simple twist you are contemplating.

I believe you are contemplating taking investors funds in a deal and promising a preferred return, which is structured differently.

I've actually contemplated creating that service before.

I'm not sure anyone else has made an offer.Some of the math:Listing price in MLS: $130,000Last selling price of unit in complex in 2015: $99,000My offer: $84,150.The listing realtor wrote back and told me that he agrees the bank has it overpriced, and asked if I could get my offer closer to $91,000.I am contemplating all of the potential strategies:1.

But one thing I've been contemplating and would like to ask you is how do you plan to continue to grow your business without your 9-5?

I’m originally from Colombia as well and still have friends in Colombia that are involve in Real estate (builders in CRE and Residential).After this blogging I’m going to connect back and do my reserch and really contemplating toInvest in in my city Medellin.

I have contemplated going into rentals but being unemployed since 2010, living with parents doing odd jobs and part time different places to get by and still save cash.