The secret is tenant selection, and finding good tenants in the program. 

I am excited to start this journey and I can only hope you have similar successes.

So, I am truly coming into this blind... but excited and optimistic and ready for a new challenge/adventure!

Any advice would be helpful as I'm just starting out and am very excited for this whole journey ahead!

I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

Response for Dalton Foote: Hey Dalton, That’s an exciting goal for 2025!

The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

And with brokerages now offering new agent programs where they will pay 100% of the expense to get licensed, there is literally no reason not to.