This deal leveraged strategic financing, value-add renovations, and market knowledge to deliver a strong return.

We even had to do a lease back to them while the carport situation was being finalized.There is definitely some luck involved with every deal, but I think as investors we can create our own luck as well based on knowledge and experience.  

You will also likely be paying more than more experienced investors as you build your team and knowledge.

Find as many investor meetups as you can as the knowledge others have are invaluable when you're first starting out. 

finally someone with some knowledge 

You are always helpful with your advice and knowledge here on BP.

I believe a local investor can do well on cash flow leveraging their local knowledge in those markets.Best wishes

.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

best of luck. make sure you are speaking to a knowledgeable person in your area as you might be getting false information

In a pricier area, or if you’re banking on a perfect scenario, that cheap credit can suddenly get very expensive.I’m curious... if you went down this route, what kind of safety nets or alternative strategies would you have in place in case that perfect timeline doesn’t pan out?