We under estimated the upfront cost of a short term rental but we also learned that our sweat equity is more than we thought.

hi I'm brand new to investing and I'm looking for a mentor to help me take their first step and show me how to wholesale houses or find someone that I can help rehab and flip I have no money to invest right now but willing to invest Sweat Equity to get started any advice would be appreciated

Increase your skill set so that you have some sweat equity to offer partners who do have capital.

Sadly, many throw that opportunity away and leave their IRA in some under-performing portfolio of paper assets simply because they see or hear one thing they do not like about the IRS restrictions that come with these tax-sheltered savings vehicles - such as UBTI or the prohibitions against sweat equity.  

Sounds like a lot of sweat equity but a pretty nice return.  

@Steve Gregory Wow, sounds like you are getting the best of both worlds with sweat equity and forced appreciation but also the longer term monthly rental/lease income.

And will be able to put more sweat equity into my purchases.

I'm definitely looking to put in sweat equity either way.

Overall, if the numbers work and the bank is motivated enough, I would be trading up because of the sweat equity involved in this property as well as the zip code gives it much more value.I'm not married so I only have my dog to adjust to the move and he doesn't necessarily get a say in the matter.

Basically, you can utilize sweat equity (if you have the skills) to make the down payment up.2) Some people open LLCs for each and every property.