However, the less you make, the more disciplined you must be to acquire the capital yourself.Nothing is impossible, some people just have to start a little lower than other people.

Property acquired as rehab (i.e. fix and flip) are held for sale and not for investment, so will typically not qualify for 1031 Exchange treatment.1031 Exchanges require that replacement properties be identified within 45 calendar days after the closing of your sale transaction, and completed/acquired no later than 180 calendar days from the closing of your sale transaction.

@Eli Hood I love your energy man and I know that if you put your mind to it, pursue knowledge and training you will be successful.

The second half of a man's life is made up of nothing but the habits he has acquired in the first half""It's better to miss a good one than buy a bad one""Timing matters - be the first or last person to make an offer""It's a numbers game - the quality is in the quantity"I cannot recommend this book enough.

Or request the property be vacant upon closing or your final walk thru to ensure that they are out and you don't have to absorb the cost/time of eviction and are in compliance with the VA loan on moving in.Based on the area in which you are looking to acquire this property, familiarize yourself with the Tenant/ Landlord Act, so that you are in compliance with the laws from a landlord perspective.

As long as you educate yourself on how to properly wholesale and have literally a few bucks to spend, you can be a wholesaler.The key is finding good deals from motivated buyers that you can get at the right price, and also acquiring cash buyers to sell the properties to.

When a house has been foreclosed and it say's,"The lender has taken ownership of this property through a foreclosure auction for the amount of .." and the original loan on the house was more than what was acquired at the foreclosure auction, does that mean an independent investor purchased the home at the auction?

Im looking to get some advice on a deal I have. I'm not sure if my plan is even possible so I would appreciate any feedback.

I have a well kept 3bed 1bath 950sf single family home under contract for 16K with ...

If your goal is to maximize your Cash-On-Cash returns by acquiring low cost properties in C areas while doing as much as you can to mitigate the trials and tribulations of high turnover, crime, and unreliable property management, then you should probably start elsewhere.If you don't know which of these strategies (or which strategy in-between these two) is the one you want to utilize, then the only thing that is clear is that both of these (and all other) markets are wrong for you.

Team BP,I acquired a property via foreclosure auction with cash in the name of my LLC.