Legal consequences and potential financial loss that could have been avoided with timely updates.2.

Distressed properties are real estate assets that are usually sold at a discount due to financial or physical distress.

@Caryn FischerI agree with Jaron, you should definitely have a consultation with your tax accountant and/or financial planner before you do anything. 

Hi KyleThe way most real estate for sale is priced these days there’s little to no cash flow after debt service with 25% down - borrowing a down payment would put the investor in a negative monthly position. 

And how much is your debt service, around $6,500? 

Show you're qualified and sell yourself: Know and share your criteria, how you're purchasing (debt vs equity)?

I imagine the only way it would be possible is to do the bulk purchase in cash, sell off a couple and then put debt on them?

could it service the debt on $1m?

@Robert BishopTo prepare for your first real estate investment, build a strong financial foundation with a credit score of 700+ and an emergency fund.

Quote from @Joshua Piche: Im looking to move out this year and house hack my first property I’m 24 debt free still living with my parents .