I used it to purchase an off market deal and am about to refinance to pay it off and pull out equity (550K total). 

We are ready to close in under 72 hours and close entirely online to make it easier for all parties.

Based on the disregarded entity status, I can then change the title to the new LLC, complete the sale of the property and 1031 exchange the property to purchase a new investment property under the LLC.

I believe the house would resell for $650k, so $650k + $150k = $800k deal value minus $700k purchase leaves about $100k profit in the deal.

We have also tried looking at places in Utah as there is a lot of beautiful land there, but initial looking online made it seem like the numbers just didn't make sense.

Purchase price: $155,000 Cash invested: $3,000 Sale price: $180,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Seattle Street, Modesto, CA.

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Market price was at 650K, the deal might only make sense to purchase at $438,782 (Including CAPEX/Repairs funds).

I am looking to purchase my first investment property and I want to do a house flip.

The online course was simply Tom reading through a PowerPoint he made.