Strong agreements that protect your position in the deal, and recording a Memorandum of Option with the county will go a long way to protecting your interest. 

Most will cover up to 100% of the renovation costs and 70-90% of the purchase price, depending on factors like the type of property itself, your experience, credit position, and the lender’s specific guidelines.  

So depending on what your investment goals are and what type of properties (Class A through C/D) and where in the city you want to buy, that can directly impact the level of stability one can find within the market here. 

First one defaulted and keep in mind they were maybe 8k a month positive.. average payment was 1.2 on the underlying sub to note. 

LLC) will impact liability, tax deductions, and reporting requirements.Rental income is taxed as passive income, and losses—such as depreciation and property expenses—can offset rental income but may be limited if your income exceeds certain thresholds.

While creative financing options are interesting, having more cash on hand seems like it would put me in a much stronger position and open up better opportunities.That said, I’m still curious—at what point do you think someone is truly ‘ready’ to start investing in real estate?

But somehow fails to disclose his position as CFO of Norada Capital Management.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

Marcel - sounds like a great position y'all are in!

Breaking news: events in and out of our control will affect real estate both positively and negatively.