Question: Do any of you think, this property can be fixed and this will be tear down and build up from ground zero.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Getting early success as a Realtor isn't all that easy and it sucks working for free for an extended period before you build up a decent amount of commission - if you go this route, maybe consider joining a team, so you're fed leads (but paid less) and have tons of support.

Episode 113 – Jay Papasan - Very practical slow and steady advice Episode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

Mr.Neith yes to both.fix and flips for quick cash and buy and hold to build up a solid portfolio.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

You can get an investment property without a job but its an entirely new animal and usually requires a very high credit and a good chunk of capital.Typically the bank wants 6-12 months of employment history so get that job and live as lean as possible to build up your savings and research ways to boost your credit to mid 700's if possible. 

It can also give you some time to build up more capital and you can plan for a balloon payment in 5-10 years where you'd be refinancing with a bank via a conventional loan.

Our goals are to begin wholesaling properties to build up our capital and then move on to fix and flips and buy and holds.