I can either purchase the land for 150K+ rehab cost with hard money lender.Or pay what they owe (50K) and get a construction loan and pay them after I refinanced the ARV.

Given that I’m currently unemployed, I’m leaning towards a fix-and-flip to generate some liquidity.Here’s my current situation:My first investment property (the duplex) was purchased using a HELOC from my mother’s primary residence (via Union Savings Bank), and the deed is currently in her name.I also secured a second HELOC against the investment property to cover contractor expenses.I'm considering transferring the property into a DSCR loan under an LLC, but I believe this would close out the second HELOC—can anyone confirm if that’s correct?

Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.

In the event that the purchases closes, both parties are similar finances as you paying the repairs.  

I am completing my due diligence on a possible motel purchase in the Lake George/Lake Luzerne area. 

Purchase price: $45,000 Cash invested: $80,000 Sale price: $149,000 Purchased for $45k.

Purchase price: $31,000 Cash invested: $31,000 Very first investment - paid all cash for this investment.

It was a fun realization so I thought I'd share it here.I purchased my first real rental 11 years ago off the MLS for 108k (put 20% down).

TV shows and social media make it look like a fast track to financial freedom—but in reality, it's a tough game, especially in a market like Boston.Even if you have a down payment, you're likely using hard money loans at 10-12% interest for the purchase and rehab.

*Affordable – Next, Phoenix has relatively affordable properties in comparison to other top metro areas such as Los Angeles and San Francisco, which means that investors have the chance to purchase homes at lower rates, thus increasing their profit margins.