Networking is good, great, it’s beautiful...But conventional loans...they are just SCARY!

So we have the ability to go 50/50 on expenses and it will also make getting a loan easier.I am interested in getting into REI, mainly flips at the moment and eventually multi unit rental properties for the income stream.So to make a long story short, given my circumstances(money, expereince, market) what would you do?

Don't get me wrong, it's a beautiful place but as everywhere the condo market is horrible.

It's a beautiful home that my fiance and I want to live in. the bank is asking 740K for it, and it was last listed in March for 1.5M. it sold in March and just foreclosed a week ago.

If you do these things and do whatever it takes to reach your goals then I promise you you will see what makes life so beautiful.

If you are going to rent a property out, you want to repair it only to make it livable (not beautiful) and to avoid long-term maintenance nightmares (eg water damage).

I was at a meeting the other day and the guy speaking said flippers are dumb because they are selling an appreciating asset for some cash for the moment!!

allcash, you're right that the property tax situation is 'in flux' at the moment here in Florida, but it has some very promising potential for priary homeowners.

This may seem marginal at the moment, but I really believe that it will be a wonderful long-term investment.

I am F/T flipper of vacant lots in TN & AR but not doing so well at the moment.