Purchase price: $55,000 Cash invested: $110,000 Sale price: $205,000 This was a 1950 raised home that needed extensive foundation repairs as well as all plumbing, electrical and subflooring.

You can also look into community solar projects if you're not ready to commit to a full commercial lease.Timber Harvesting: If there are trees on the land, selectively harvesting timber could generate income.

They also provide guidance on entity selection, tax strategies, and long-term planning, which can save you money and trouble in the long run.

If you want to invest you first need to educate yourself extensively.

SpeedBanks: Can take weeks or even months to close a loan due to really extensive underwriting processes.Private Money Lenders: Close loans usually in days to weeks, which will make it best for time-sensitive deals like purchasing a property or rehabs.3.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I did extensive research on the market and based on purchase prices and rents in the area it seemed like a good investment.

Did you ever select a program, which one and want to share the experience?

Negative cash flow is difficult especially on more extensive tenant turn overs or when dealing with a PIA tenant.  

Or, I’d have to get an extension of the closing date, which kinda defeats the purpose/competitive edge of a cash offer.