I am trying to decide if this is a worthwhile endeavor.From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.This leads to two questions: - Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own?

Purchase price: $135,000 Cash invested: $80,000Turned a 2 bedroom 2 bath house into a 7 bedroom, 4 bath house.

Keep in mind that lenders typically won’t fund the land purchase so this will likely have to be done with cash.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

.- thanks -  pay towards the 2 loans the same way ...look to refinance  when and if rate drop ...if interested in buying more rentals - consider saving these  funds to use for your next purchase ...there are many great amoartization calculators avaiable for free that you can use to review scenarios 

Hi Greg, I can understand your point regarding the equity and purchasing a performing note, although being able to purchase directly from the banks and at a good price effects this.

Purchase price: $63,750 Cash invested: $13,000 This was my VERY FIRST deal.

This means you close your purchase and pray the appraisal with the proposed ADU has the value you think.

@Shawn Kostoff, @Jimmy O'Connor, @Justin Seng, @Rich O'Neill, @Eric Armstrong, I'm sorry for reaching out on such an old thread, but I just purchased 2 rentals in the last 12 months in Delco and looking to scale my business.

I am trying to set up an LLC and have it purchase the multifamily home for me.