Quote from @Austin Ralls: Good evening BP Community, Can anyone shine some light on the rules and regulations on striking conversations with local pros and acquiring more PML to help fund deals? 

I am wonder if there will be any lien on it as back would have already settled before acquiring the ownership.

How'd you acquire this property are selling?

And, FMV on 1/6/25 is not FMV today because now you don't have a lot in an established neighborhood, you have a lot in a disaster area which comes with the challenges I listed above.We built about three dozen "fire lot" homes after our fire--all lots acquired off MLS or from owners that came to us (we didn't market for lots), and not at a price that anyone would call a "discount". 

Focus on wholesaling the leads I get from my campaign (while refining my underwriting and acquisition skills) to stack up cash, then begin acquiring rental property.2.

At 29, I’m working toward retiring in 15 years by acquiring 10-20 rental properties using house hacking and the BRRRR strategy.

It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?

Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

Successfully acquiring, renovating, and selling multiple distressed properties can significantly boost your returns, but it also comes with its own set of challenges.

How do I use that one property to acquire a second and how do I go from 2-3 and 3-4?