But if you want to go faster, there are two things that will help by getting your foot in the door with house hacking.First, is over time you'll build equity and can eventually refinance and take that cash to use as down payments.Second, if you want to use private lenders, virtually all of them other than family and close friends will want to see a track record.

. ($675 preparation of deed) ($650 transfer tax) ($300 settlement fee) ($300 notary fee)Also in "Sellers Estimated Costs"  "brokers fee" is listed as "$4,000"   rather than 6% or $4,000 as if the 4k is just a flat rate.I feel this gives her no incentive to sell my property at the highest bidder.

If you understand that and are hoping to just offset some of your expenses in owning a home then I see no greater place for appreciation and wealth building other than South Florida.

Of course, what they won't and should try is things which decrease the cost to build new buildings...

If you are referring to it being more difficult than going to the property, it might take more time to build trust over the phone.But if you are talking about it being difficult overall, I mean if you don't have sales experience or haven't done a wholesale before, it would take time to learn and get results either way.Wholesaling is not easy...

In addition to appreciation potential, there are a bunch of tax benefits to consider as well... my favorite being that a tax loss can be carried forward to offset future taxable income.

Purchase price: $309,000 Cash invested: $30,000 Sale price: $454,000 Full live in remodel including out buildings and dock - Built a hobby farm/hosting business too.

Interested in building quadplex.

The best thing about this is it's a free source for building connections and getting information on local meetings.I have found that no one source will give you all the helpful information you'll need to be successful.

The rentals are paying the holding costs on it so far (taxes and insurance are high in this market).