Curt found a deal he wanted to purchase for a rehab, and needing cash, I lent him $100k for 8% annually and then he did his thing with that house he wanted.

., earnest money is a form of consideration but just the offer to purchase is also.

One thing you can do is determine what demo is to be done, and have it done in advance.

Just to be clear: This was purchased by the buyer in a land trust, or they moved it to a land trust after the sale?

Purchase price: $310,000 Cash invested: $20,000 Bought and lived in while making upgrades with the intention to rent out.

I haven't purchased any companies before so any and all advice on the process would be appreciated.

The foreclosure is for the mortgage not paid, the property current owner who is being foreclosed on also purchased solar panels in 2022 and financed them according to my searches.

A house hack (purchase and live in 1 unit of a multifamily while renting the other unit[s] to cover the mortgage) is the easiest way to get started as you'll get used to the process and can use an FHA loan to have a minimal downpayment.

We have been using Rentometer for many years and have enjoyed the statistical analysis that helps us to determine where we should price our rentals when we go to market.

This doesn’t occur often, but the deal is so good, just a few of these in the course of your real estate investing career will turbo charge your pathway to large net worth.Since examples can provide clarity, I’ll provide two examplesA number of years ago (7 years) I was approached about purchasing a note from a property owner who sold his retail center and carried back a $500k note, current principal $476,000.