I'd recommend saving up some cash so that you can launch full-time in 6-12 months

It is important to be cash heavy in real estate hence I would grab from the line and have a strong cash position if I were you.

Purchase price: $Cash invested: $Completely renovated SFH, 3/2, built in 1999, 1214 sq ft with a new roof installed in April 2024, state-of-the-art smart LG appliances, and luxury vinyl plank flooring throughout.

I like Columbus for moderate cash flow and high appreciation and Cleveland for high cash flow

After 6 months, or 1 year (whatever time limit required), I take a cash out refinance (probably up to 75%) on "my" property to buyout the other owner (grandma).3.

What about a cash out refi?

If you ever go to sell, of it isn't cash, these are some guidelines some financiers go by.

Purchase price: $35,000 Cash invested: $280,000 Sale price: $440,000 purchased vacant lot, built home, sold How did you find this deal and how did you negotiate it?

Purchase price: $200,000 Cash invested: $15,000 Sale price: $260,000 Purchased a cosmetic flip, invested about 8k in repairs, and a couple thousand for using a HML, listed on market and received multiple offers all above asking price.

Learned what it takes to start an LLC, learning the basics and how to fill out contracts, finding cash buyers and etc.