With Canyon Gate everyone in this area knows how bad it was . . . people literally had five feet of water in their homes and were on their second floors and roofs waiting to get rescued by boats.  

Oh well, if I miss the boat too badly at least I’ll have hard assets, real estate, and you can’t make more land.

I then read until about 5, when I do a home workout then get a shower and make a breakfast shake to drink on the way to the boat (Yay Navy life!)

Others missed the boat or just felt overwhelmed.Benefit of this field is above average income security, and significant capital that I can put towards investments as long as I continue to live below my means.

I know wholesalers who've made as much as $50,000 on one deal but that kind of misses the boat when it comes to wholesaling.

another thing to keep in mind, is what you will use the money for, if you Cash out, or take a HELOC and use the money for investing, or business operations, the interest is deductible, but if you buy personal items, like a fishing boat, or a camper, or say a vacation, then the interest is not deductible, either way, you dont pay income tax on the cash you take out. for example, I have a property I paid $25K for put $10K in repairs into it, it is worth $80K and I borrowed $55K cash out, I leveraged the forced appreciation for my 20% minimum equity to make the banker happy, and the bank gives me the cash knowing I will use it to buy another property with the proceeds. not all banks are comfortable doing this, some really dont like cashing you out on a great deal you got  when the market value is well above your total investment.

If I’d depended on my husband to pay them, as so many women (and sounds like this one) do, I’d have been in her boat, too.She has 1700 a month and is giving you 795.

@Kyle Swenson Hey Kyle I am somewhat in the same boat as you.

I’m guessing FL is more competitive......boat loads of experienced and wannabe flippers and a shrinking distressed inventory.

@Paul Aqua I'm in the same boat as you are :) Taking my license exam sometime in January!