I’ve been thinking about real estate investing for several years now and didn’t expect to be so confused when trying to make my first purchase. 

Sometimes when a church is converted to residential the taxation may start at purchase or it could revert back to a date - that would be something to consider. 

Both of mine purchase tax liens and now both own multiple tax deed properties that are now rental houses.

Several years ago, even with high cash flow from a business, I felt fairly locked out of the places I wanted to purchase due to endlessly rising prices and rates that required constant underwriting revisions to the point where it wasn't worth the time expense. 

Anything that's quick and easy to purchase when someone is washing a car on a hot day. 

The purchase price of this three bedroom two bath 2100 square foot home is $230,000.

the HGTV formula is: sales price minus rehab minus purchase = profits. 

If you have just purchased a property, it would be money well spent to have it inspected by a risk management consultant.

Purchase price: $140,000 Cash invested: $140,000 ARV 375,000...currently making monthly interest only payments to investor...using as primary res....Will refinance in a few months and use equity for other investments.

If you plan on using VA eligibility to purchase a home then you would have to buy it as a primary residence.