Instead, I recommend starting with turnkey properties while you build your local team and establish your boots on the ground.

I look forward to learning a lot here, and to establishing mutually beneficial relationships with fellow members! 

Establish piece rate pricing based on quantity, square footage, surface area, or linear footage and apply that to prospective projects.

However, it's essential to fully comprehend the terms and conditions and carefully estimate cash flow, factoring in potential market fluctuations.FHA Loan and Work History:Waiting for another year to establish a two-year work history for better FHA loan approval terms is a patient strategy.

Any tips, advice, or guidance you can share would mean a lot to me.Looking forward to learning from this community and sharing my journey as I progress.

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.

For example, with Equity Trust Company, you can establish what we refer to as the Universal IRA.

I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.

I had one investment property and one car, so not a whole lot to lose and no intelligent person that was looking to go gold digging would have picked me out of the bunch as a target.