I've built two cabins in the smokies and they both took about 18 months from start to finish.

Once we know that we'll need to know credit score, property type, purchase or refinance as starting points. 

I could tell you that Ardmore is super safe but youre looking at $1M+ for a quadplex.If you need help getting in touch with a lender and seeing what you can get qualified for, don't hesitate to reach out.I would recommend NE Philly and Bucks county as they are very close proximity to princetonI would:First get preapproved and then start to target the areas I would be comfortable living in.You might have better luck with Duplexes in the philly area as there are more of them out there.

The answer is a property that loses money big time, and they won't be able to get out of it.

Whether you're a seasoned expert or just starting, I believe we can all learn something new from each other.

I have a builder who's starting up here in Oklahoma looking to purchase 97 lots in NW OKC.

The MAO formula (70% of ARV Minus Repairs Minus Wholesale_Fee) only makes sense for fix-and-flip deals.For rental deals, you'll need to calculate the metrics that matter to a landlord, starting with Cash Flow and Cash-on-Cash-return.To do this you'll need to estimate Income and Operating Expenses to get Net Operating Income (NOI).

I took a tax sale attorney to breakfast and he told me all that I felt I needed to get started.

I asked him about it and he said he didn’t do that.So I started looking at DSCR loans for this property in TN. 

I'm particularly passionate about starting my journey and finding the best markets, but above most having fun and gaining experience along the way!