The most important ingredient in real estate is TIME. 

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Hi,I am someone who got lucky a few years ago with a real estate investment my wife encouraged me to go for.  

We ran it past our real estate agent and lender — but I'm all for shoring up.

OK - but WHERE is the Buying or Selling Real Estate "page" or "section"?

I am kind of new to real estate investing as I got lucky the first two times but now I am looking to invest quite a bit more money and I am slightly terrified. 

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.

Contact the real estate division for confirmation: https://idfpr.illinois.gov/dre.html 

It pays to know when to just hire an independent financial advisor and do what you do best.In my 45 years as an active investor across real estate, businesses, commodities, and almost everything else I’ve developed a few “rules” that I believe should never be violated 1.