Case Study: A Successful Joint Venture in Real Estate - An investor identifies a distressed property with high potential but lacks the funds to purchase and renovate it. - The investor partners with a private lender who provides the capital.

refinance our own home with some money down + purchase another flip? 

This is my first purchase, where my intent was to install recessed lighting all throughout the house.

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

If you want to combine two or more lesser sales into one higher purchase that is fine as long as your purchase meets the timing requirements for each sale.  

So far I've owned the place for 4 months and have not had any issues with my tenant yet.Am I Happy With My Purchase?

Why do you think purchase contracts are so long and have such small print?

@Tomoko HaleWith STRs its not just purchasing the property. 

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Three out of my first five purchases were from the MLS.