Another concern I would have is that if we enter into an economic situation where tourism declines and foreigners stop buying expensive second homes there, you could get stuck with a property you can’t sell that isn’t producing much income. 

Purchase price: $350,000 Cash invested: $16,000 Sale price: $392,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Glenn Klingensmith, successfully completed a fix-and-flip on Finsbury Drive, Spring Hill, FL.

These would be purchased when you close your deal.

we just started a company, and we have dived into tax liens, so I am still kind of new at this, but if you are interested in tax liens, I would say it is the way to go, also I have not taking any formal educational program, not yet, I just have gotten a source that I could purchase tax lien properties from and it has been very valuable....So what questions can I answer for you?

Purchase price: $342,000 We purchased this home in 2021, lived in it for two years and then started renting it.

Purchase price: $330,000 Cash invested: $20,000 Sale price: $399,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Tip Top Road, Mariposa, CA.

Hi @Rachel Payton, The house you are looking at purchasing, does it have a separate space set aside solely for the business or is it a "single family" type home that will just serve as a home office? 

Any transaction where the rehab exceeds the purchase price is a red flag for the lender, when you add rural, extraordinarily small size, and combine it with a very small loan amount you create a tough situation.

I am looking to purchase a small multifamily for my first house hack in RVA early 2025. 

I am curious if running ads is an economical / effective method to sell our properties faster.