I am a W-2 employee gathering up as much info and capitol as i can right now for when i finally take the flipping plunge :) Hopefully i can find some contacts or possible partners otherwise i will get a hard money loan on my own.

One of those deals had all the criteria I was looking for and THAT was when I took the plunge (April 2022) and bought my first investment property with the intention of BRRRRing.

Had we sold that summer, we would have had a tax problem from the appreciation.We started to see the rental market fall off in the Fall of 2007 coinciding with the extreme rise in gas prices.Of course, that meant that we and other owners were no longer breaking even on the rentals and there has been an extreme glut in cabins available due to foreclosure and distressed sales.Prices have plunged and what were once cash flowing properties are now bleeding cash.We have enough assets to weather the storm but most do not.

I am torn between guaranteed monthly income from an SFR here in Portland and taking the plunge into VRBOs.

I’ve been focusing on analyzing deals and have been second guessing my numbers, but the thing I realized is that unless I get my financing in place ready to push the button I’ll never get to the point of offer or take the plunge

In a few years, we will make take the plunge and hopefully by then, we can buy a property in Pasadena with cash.

There may be a temporary slowing, but unless we plunge into full fledged recession and the buyer pool gets cut in half I think it will still be at least a balanced market. 

Finally took the plunge in August 2015 my first investment property. 

For those who are thinking about investing it is a great way to meet folks from the entire value chain of real estate from wholesalers, to plumbers, to hard money lenders, to other investors.I have decided to take the plunge and purchase a property in Baltimore.

It seems to me that they think at some point property values will plunge in a short time frame by 60% and that they will be able to sweep them up with 3% conventional loans.