And these are base numbers.

Based on the price point it looks like Surrey.

@Howard KooreSome lenders will do it and lend based on proceeds from sale.

Lenders may have specific requirements or restrictions for loans to LLCs, so it's essential to consider how this might affect your future financing options.Before forming an LLC, it's crucial to consult with a qualified attorney and tax advisor who can provide personalized guidance based on your specific circumstances and goals.

If you can get a local agent to pull a list of recent transactions, you should be able to estimate, based on the photos, what your target property will sell for post-renovation.The repair budget is the list of repairs (with estimated costs) required to make your target property look like the "ARV homes" you found above.

Make money... use that money to get into a subscription-based online business.

Best, ChristineHello, @Christine James I am still learning the real estate industry and if 55K is enough to land my first property my goal is to connect with other investors and partner up seems the easiest in real estate.  

They're based in Memphis and offer other markets as well. 

A 1031 exchange can be a good option because although there is no cash involved in the deal, you would still recognize a gain based on the fair market value of the properties being received over the basis of the property you're giving up (if it's a gain).

Hi @Mehdi Haider, I'm based in Southern California, but I have started my out-of-state real estate journey in Indianapolis.