Or could he purchase 4-5 single family residences for 300k a piece?

Once I run out of money, I can partner with others with capital and I can manage the deals for a piece of equity and fees.

Thank You all for your input on these two pieces of software.

I do have a question though; I am just starting out and I would like to know is it necessary to have a good piece of change doing my first flip?

I am wondering if this could be a good first time investment property concidering the following pieces of information?

Side piece, one person, longer visit.

What you pay with labor will depend on if for instance one of my units still has a good pad and tack and strip then I just pay for carpet and installation cost.What you will pay will also depend on how much you are installing at one time.I don't like Berber for rentals.The design of the loop once it starts unraveling it can unwind pretty good an dis harder to get certain stains and pet stuff out of it.With carpet you want a Nylon carpet even if the cheaper version.Some carpet guys will try to sell you the rubber composite carpet stuff which is the really cheap stuff so it will stand up to tenant abuse.The problem is it can only be cleaned usually up to one time and then you need to replace it again.So I would rather get a cheaper nylon that can be re-cleaned many times over after installation for an additional .10 to .15 a sq ft extra than the super cheap stuff I will have to replace again.If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Even at a carpet place usually you are at .40 to .50 for the pad and .50 to .60 for a cheap carpet.Then you have to do material to install and labor.I have seen sometimes if you have to do a small area you can pick up quality remnant pieces for real cheap and hit that type of number or buy in bulk.

I have done 100% financing, but with borrowers I have significant history and business relationship with, and for a piece of the profit.

There are a lot of moving pieces to the sale of a property, and having an accessible resource to guide you along the way is crucial.

Think about it and be realistic... even bigger pockets charges for bits and pieces of info.