Every area has deals.

They are inherently riskier loans so it takes a baseline level of trust, or legal protections, to ensure that the Gap lender in question is protected because being in subordinate position on title means that if it gets sold for less (via bankruptcy or any number of proceedings), you are more likely to lose your money.You also need to make sure that your primary mortgage holder on the deal is okay with there being a Gap funder.

Now, you need to figure out how to find deals and pay for them.

If you don’t like it, you can always pivot and sell, convert to a long-term rental, or move into another investment strategy with the equity and knowledge you’ve built.Starting this way means you’ll go through every key step: finding a deal, securing financing, managing tenants, and understanding property operations, but in the lowest-risk way possible.

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

I became a real estate agent for the exact reason of helping people, like you, find good deals and get into their next investment property. 

Are we possibly cutting ourselves short here with a deal of this nature?

Hey BP,I’m looking to ramp up my deal flow for flips and wholesales and considering inbound lead generation services.

Purchase price: $50,000 Cash invested: $50,000 My first investment was a three unit deal for $50,000 cash.

In PA you can build an entire 2000sqft home for that budget, and PA is not cheap.