Purchase price: $175,000 Cash invested: $5,000 I invested in my first condo to live in Minneapolis in January 2022 (fresh out of college).

Purchase price: $185,000 Cash invested: $85,000 Sale price: $330,000 3 bed 1 bath total flip, top to bottom everything inside was touched at some point.

Could be a battle to determine what kind of rent increase is "reasonable."

So of the $850k I have from selling the house I use $300k of it and the $700k mortgage loan toward the purchase of the $1 million house.

If the seller has an existing mortgage, you can purchase the property on contract, but this option carries more risk since you won't hold the title.Hope this helps. 

I have been a small RE investor for the last 5 years or so, and I finally have come by my first rough ride with a tenant who I inherited with the purchase of my last triplex in Sellersville, PA.

These can sometimes offer better prices than big box retailers, especially for bulk purchases.- Wholesale distributors: If you're doing multiple projects, consider establishing relationships with wholesale distributors for better pricing on bulk orders.- Closeout and overstock stores: Places like Floor & Decor or local overstock outlets can have great deals on flooring and other materials.When choosing between Home Depot and Lowe's, keep in mind that both offer price matching, with Home Depot often providing an additional 10% off.

My wife and I have purchased two FHA financed four-plex's and each tenant, even month to month tenancy, must be adhered to.

Your hard work and determination have paid off, and it's inspiring to see you take this big step in your real estate journey.

Looking at purchase a first home but the issue is the homes we’d like to invest into in our area are far too expensive.