I discounted for the fact that it is adjacent to a road that is undergoing widening for the next year, rehab costs, holding costs, investor discount, and then I was stuck eating 7% on selling the thing, so I deducted that as well.

I'm a native Washingtonian (DC), and my husband and I are investing down the road in Baltimore.

It is not fun to wait but it will pay off down the road as you can focus much better.

As Anson said, it's popular to talk about it, but where the rubber meets the road there are very few in each market actually putting in the work to do deals consistently.If you you want to put in the work there is definitely room for you!

Matt Whiteside great story, even though the road blocks kept coming you found away to make it happen, job well done!!

But if you are successful then you will have more than enough in that short period of time to repay the HML and you are left with the equity from the house (minus the HML cost) in your pocket for the next transaction.The route that you wish to go should be put down clearly in your business plan so that you absolutely know which road to take and do not get sidetrackked.

Luckily for me it was a duplex and turned out to be financial road rash, painful, but I survived and learned from it.

Re: college - yes, it's for an education to help with a 'J-O-B' down the road but it's also a great time to grow and mature as a person ...

Never did I think that a man driving down the road would stop me and start talking to me about houses he wanted to get rid of.

You're right down the road from us!