They have a ton of great info to help you learn best practices, find vendors, learn different things and network with other people in the industry.

The BRRRR strategy could be perfect for you—it’s a smart way to buy, rehab, rent, refinance, and repeat, allowing you to grow your capital while accumulating more properties.

. $140/month vacancy reserve (5%)Rental Income: $2800/monthCash Flow: -$134/moTownhouse:Note: Looking at low price units on the market for < 7 days to possibly get more value / minimize mortgage paymentsPurchase Price: $450kMortgage Payment: $2150/monthProperty Taxes: $1900/yr or $159/moUtilities: $300/monthProperty Insurance: $125/monthMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $500/moRental Income: $3000/monthCash Flow: -$232.64Detached Home - Single UnitPurchase Price: $600kMortgage Payment: $3193Even if I can get $3300-3400/month for a 3-4BR home purchased at $600k, maintenance and reserves will cause it to be negative cash flowDetached Home - Two UnitsPurchase Price: $700kMortgage Payment: $3831Property Taxes: $3500/yr or $292/moUtilities: $300Property Insurance: $125/moMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $860/moCash Flow: -$608.57Are any of my numbers way off?

I am a veterinarian and absolutely love my career, however I feel strongly that real estate could be an excellent side-gig or even perhaps a great way to move into a second career whenever I'm ready to retire from veterinary medicine. 

There's a lot of ways to get the deal done.Plenty of investors who don't care about FICO depending on the LTV, money is more expensive as a result.Everyones definition of low-mid credit is different.What range are we referring to?

Hi All,I am in the very early stages of this journey and am trying to figure out what the best step to take needs to be when jumping in.

@Margot Weatherford current NOI trumps potential every day, and is the best indicator of where the market is for the asset.

As a first investment, my best advice would be to focus on turnkey properties that are currently on the market instead of foreclosed properties.

My best one has been in more rural areas, though, and using local banks.

If you want to turn it into a rental, AB all the way.