Over the past couple of months, I have been studying and learning the real estate game.

And it took me another couple of years to realize that that same concept didn’t only apply to fitness but to all aspects of life.

My journey began 15 years ago, with a couple of STRs that felt more like dipping toes in the vast ocean.

How hard is it to get approved for a $300k line of credit especially considering my LLC is brand new?

Would you accept this couple as a tenant?

My suggestion for you to find an experienced flipper and JV with that person for couple of deals to learn all about flipping.   

Before you laugh and spit up your own coffee like I did, this little quirk recently earned him a lifetime sponsorship by Hellmann’s brand.

I have a couple of prospect properties I would like to tour and get a better SOW for the Rehab, however because of the still someone hot market we are in realtors are not taking me serious as a potential client and tour the property without a preapproval letter, however the Hard Money Lender will not issue me a Preapproval letter until I get a better estimate of the SOW and come up with a plan on how I am going to do the project which I can't do without looking at the property first with a Realtor. 

Purchase price: $69,900 Cash invested: $10,000 Second investment property under the books, currently rehabbing the property and hope to get it to market in the next couple months.

For recapture, this could also vary due to a couple of factors.