Hard Money How did you add value to the deal?

Buying existing plans and tweaking them through an architect could save time and money compared to a fully custom design.

Taxes are high in TX with real estate, so put more money down to create some cash flow.

For a true investment property, you'll be lucky to make a 10% IRR...so it would probably be better to invest that money in a 401k or 403b instead.

You put that money into escrow and when you purchase the property and complete them, you get the appraiser to come back out to verify the fixes.

As you know in many real estate deals, the money is made at the buy.Personally, I'm focused on off-market deals where we can create value.Curious—how did you frame your offer to get them to drop without hesitation?

If you have 20k set a side keep in mind you may need to dip into that money if the seller won't deliver is POS complaint.

I agree that with one property you can just use OTA pricing tools.  5 mins a day for adjusting and you will save money and do it yourself.

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

Hey @Divine Nasikpo,If you have limited cash or assets, there are still ways to start earning in real estate:Wholesaling: While there are mixed opinions, wholesaling can be done with minimal money.