Most importantly, have your exit loan strategy ready on deck just in case you don't flip it in time and need to refi out.

TaxesThis is a short but important point I need to hit just in case you're unaware.

Originally posted by @Justin Sullivan:@Marlia StoneI recently purchased a 4 unit property with 3 units livable snd one unit gutted.

Quote from @Justin Longacre: Quote from @Jonathan Greene: If anyone hops on a call with you from that they are going to try to sell you a wholesale coaching program or something.

Originally posted by @Justin R.

In PR when I take out large amounts they ask me what its for, I usually tell them to **** off its none of their business. my wife is more diplomatic. she tells them for "just in case for hurricanes". 

Quote from @Justin Fox: You can make ~$200/month for every $43,636.36 - $55,813.95 in a HYSA right now.Or make $375/month with $50,000 at 9% in a first trust deed with a conservative LTV.  

Hi there,My name is Justin Longacre I am new to biggerpockets and real estate in general.

I was just in northern Florida looking at condos last week, went to a few open houses all the realtors gave me the stock answer about inventory being low...

I think most of the ones I have come across are either a) Very well off, and diversifying, or b) much later in their careers and they are using a vehicle they know (RE), just in a more passive way.