The house need 100-150k worth of rehab but I closed him at 215k once finished the house will be worth between 700-800k.

The model helped me narrow down my choices and focus on deals that had a chance of working out.

Hey @Craig Simak, are you looking for an attorney to conduct real estate closings, someone to help with entity structuring, someone skilled in landlord/tenant law, or something else entirely?

I think it's important to thoroughly research all aspects of your mortgage and tax laws to ensure you're making the right choice.

Your choice but the hassle and stress would not be worth it.

First deal, close to home, B- Niche grade neighborhood.

I think a house hack two-family is ideal, especially if it's close by and he has reliable friends to live with so you can supervise their first living outside the home and being responsible.

Don't forget to save up for closing costs, property taxes, insurance, and any potential repairs that may be needed.Start by connecting with nearby lenders or mortgage brokers to evaluate your financial preparedness and investigate loan possibilities.

If you're dialing 100+ people a day and not coming out with 2-3 solid conversations per day after a week, then change the tools, but in my experience its usually the skill of the caller, so get dialing because the only way to get better is through practice.The good news: once you get some traction and close deals, you can hire a VA cold caller to do most of the grunt work and focus on the handraisers and nurturing them.

We were supposed to close on a property in three days, but the seller didn’t mention an insurance claim related to the air duct in August 2023 (the home was built in 2019).