It's a simple, guaranteed formula for success.

I don’t really understand this formula or any of the stuff yet , but I’m writing down things. 

Your formulas are probably off or you aren't looking at the right types of properties so far.

This means looking for a lip stick project that can be completed and resold in 6 months or lessThe formula in a perfect worldFix and Flip a home- Make $25K to $50K (Yes you'll pay short term capital gain tax); Repeat the process 3 times; Now you'll have an additional $75K to $150K added to your $80K of savings.

These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).

AntiochWhy It's Hot: Historically considered a more affordable suburb, Antioch is evolving as more people move to Nashville and look for space and affordability.Key ROI Factors:High rental demand makes it ideal for flippers who want the option to hold properties.Rapid development of retail and infrastructure is boosting home values.Pro Tip: Invest in homes near the new developments around Century Farms or along Murfreesboro Pike for maximum appreciation potential.Bonus Tips for SuccessRun the Numbers: Stick to your investment formula, but be flexible.

I started a little later in life but better now than never.Glad to know the same formula does work.Thanks for sharing.

What formula or criteria do you use to decide whether to flip or to hold?

Investors base their purchases on potential, but appraisers base their numbers purely on formulas and comps.

For the purposes of property tax, they change formulas starting 4+ units to commercial models.