Its best to discuss your scenario further with a investor friendly lender so they can best advise and help you plan to build your investment portfolio because if you make one bad investment that can derail your progress.

. ;-)  Actually, all the progressive s**t didn't start until 2019. 

Hey William, congrats on your progress!

Congratulations on the progress!

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

If you’re working on large projects, you can use progress invoicing to bill in stages, sending part of the invoice at different times.To learn more about quickbooks, contact us now!

As rental rates progressively outpace expenses over time, the growth in cash flow can provide a reliable income stream.In line with my investment approach, I focus on these three key metrics when conducting property analyses:Initial Equity at the End of Year One:This equity can result from either a down payment or improvements made during a rehab phase.

Let me explain that better, imagine your rehab is $100k, you would need to do part of the rehab, maybe $10k, and then you can get the funds for those first $10k reimbursed so you can keep progressing with the rehab.Given your experience, I would recommend you start with a moderate or light rehab, mostly cosmetic work so that you can do it yourself and won't get your profit decreased by hiring third parties.

Capital improvements (I call this my WIP, which stands for work in progress).

I’m  happy to hear the progress that Andrew and Four Peaks are making on our investment.