Also using these strategies will allow me to retire at 50 or younger, depending on my situation.Market:The markets we plan to initially invest in are Chester, Montgomery and Delaware counties.

Thanks Joe, I was working today...will try to make it next session on the 29th@Bill, we moved from Flint, new to Farmington...just renting Apt till we buy

I am currently educating myself and working on setting up an LLC and getting my initial marketing out.

I initially started in 2003, I just hit the ground running... didn't know to much about the business other then the few books I read and went to work... however after my first deal I became that much more interested and determined to be a success in wholesaling, and real estate investing...

My goal initially is to turn about 5-6 properties annually. 

So hoping to network with some local folks who have purchased multi's while also interested in learning more about flipping (I am a huge fan of "Flip or Flop") and how I can best learn and dip my toe initially.  

Plus tying up 350k cash to make maybe 30k over the total course of 2 years just doesn't make sense from an investor stand point when you could get cash on cash returns in double digits for 1/10th of the initial investment. 

We bought the house for 90k, and it initially rented for 600 if I remember right.

But Chicago is somewhere where we would move away, and never come back.We are also not sure if we should pay cash for the 200k, and later do a cash out refinance if we need the cash, or if we should get a mortgage for some of it initially.

I look for profitability NOT initial cash flow.