Eventually, we decided to buy our home where we would raise our kids and grow old.We debated on selling the tri-level, but decided to rent it since we already had the house and we would not walk away with much cash.

Nashville TN 50x150 lotTwo homes - stacked front to back - popular here75,000 land costTwo 1600 SF homes - 3 bed 2.5 bath @ 105/SF build cost - 336k build cost320,000 sell price per house6% realtor fees14k interest - 4k survey - 1k legal fee - 36k builder fee0% down construction loan if at or below 80% LTVTotal cost of loan = 447k, Appraisal (estimate) = 640k, So total cost is right at 70% of appraised valueOut of pocket spent on soft costs = 20k~141,000 profit10 month timeline

He wasn't really using lenders last year, but has now started to in order to grow more quickly. 

So far all my properties I found have been thru MLS, but you’ll be amaze once you start growing and you earn credibility deals start coming to you..

I did a cash-out refi on a property 2 mos ago, took out $100K, then went house shopping in another state.I found a 3-property deal down south in a growing market.

But I want to grow, learn and do more to create a reputable profile.

There will be a lot of learning and growing with your team members. 

I am growing every year but the bank regulations are what they are. 

I'm hoping by joining the BP community I can continue to learn and find opportunities to help grow a portfolio and over time pass on my experiences to the membership as well.Glad to be here!!

As you grow your portfolio, this may handicap your investing potential.