Speak with lenders early to understand your borrowing power, and explore multifamily properties to maximize your house-hacking potential.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

From Before to Profit: A Live Fix and Flip ExperienceJoin us for an exclusive Fix and Flip Tour to explore real estate flipping firsthand.

While I don’t own investments there, I’ve explored the market and see potential for some long-term growth.

Go to your library, explore, start consuming the knowledge.

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

On the contrary, uncertainty is the breeding ground for creating wealth.The core of the issue is whether you are willing to step out of the traditional investment framework and explore new business models and market opportunities.

I figured this would be the perfect place to connect with like-minded people, get advice, and explore more resources to guide our decisions. 

I’d love to hear more about your goals and explore how we might collaborate to work together.