Low property taxes (1.1%) and not a lot natural disasters as well.

That had even a passing resemblance to tax returns or financial statements4.

They might double the 50k or better or lose it all but can just get tax write off and then make it back in one month or less.

A big sports bet might offer a quick adrenaline rush but real estate provides tangible long-term rewards like equity growth, passive income, and tax benefits.

Are they going to be able to buy your proudly done flip.3) If you misjudge the market, do you know when to dump it.4) Can you put a spreadsheet together on your purchase costs, carrying costs, rehab costs, closing costs, selling costs, tax costs, contractors that don't show and delay your project etc. etc. etc.5) Is the return worth the risk.

The house has appraised for $335k, my hard money note is for $242k, and I'm looking at only about $15k out once closing costs, taxes, and insurance are accounted for.

I found this deal off market; it was my girlfriend at the time's uncle who owned it, and we pitched him the idea of buying it from him.

I think that this niche pays off a little better than SFH's.

If it isn't in writing it never happened.

I have 2 other monthly loan payments I would like to pay off or lump in with my refinance as I believe with the forced appreciation and normal appreciation I will be able to pay off most my HELOC (5.99%) and all of my Credit Card that is currently at a 0% APR until end of May.