Rocket Mortgage is headquartered downtown as is Ally Financial.

One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?

Is this potential $700 cash flowing asset worth it?

I’ve put together 7 steps to help you decide, stay focused, and get that much closer to achieving your financial goals.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The asset was sold a couple years later and the operator gave all investors the option to exchange into a new acquisition or liquidate.

By the time you do that 4-5 times you should be able to have a paid off home or excess funds to invest in other assets.

New agents may struggle with periods of no income while waiting for deals to close.Solution: Budget wisely, build a financial cushion, and prepare for slow months.

However, sometimes investing is more than just the financial return.