This is what I do.

What made you interested in investing in this type of deal?

We are currently in the process of Renovating this home built in 1965 and plan to have completely transformed it by spring 2025.

You might need to save a little more to give yourself a cushion.

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

First purchase story with first 6 months no mortgage or rent is detailed in Bigger Pockets Podcast #82.

Chatgbt is been super useful in helping with resources like this.

The S&P 500 is up over 20% this year.

Hi all, I was getting excited and learning about RE investing , but came across this article which scared me a bit as far as liability and actually building wealth with investing.

Does anyone know of 1-2 experienced developers in the Houston area that I could network with as I get started?