This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

Phoenix boasts a lively market with plenty of opportunities for both novice and experienced investors to thrive in the fix-and-flip business.

I absolutely love both of these areas and believe there are great opportunities everywhere, whether you're buying to live or investing.

The single biggest advantage of selling your homestead is that you can take all the Cap gain tax free if you have lived in the home as your homestead for 2 of the last 5 years. 

The current owner lives there and had someone paying to a trailer in the back yard all the way in the back. 

I'm planning on buying a small multifamily first and foremost so I have a place to live and then will either buy a single family or another multi family depending on what I can find/fits my criteria at the time.

His mom lives in Vancouver, Canada.

What is the quickest and most feasible way to transition from living there to setting up this house for passive income: leaving a property manager or somebody to take care of it!

Nate and Jiries teaches how to capitalize on BRRRR, but they're constantly doing live feeds to answer questions for students, it's like you're constantly learning through case studies. 

@Holly Radice so I own in Barnum but do not do any STR as I don't live in the area.