I should also note that I do have my real estate license, but I honestly don't have the time to use it, but man, I would save a lot of money if I did :D Target Profit Margin $18,000Actual Profit Margin $17,500Financing used: 80% of home and renovations covered by bank with an interest only construction loan.

Any snags that you've run in along the way that the book didn't cover?

If I listed it go get an agent or else I am going to cover my seller.

I think the challenge would be to find a deal that would be profitable (esp in the SoCal area) since I would start with a low amount of equity/larger mortgage payments and rents that don't quite cover all of the costs.

If your job merely covers your "day to day" expenses, how about monetizing your car like driving for uber until you have enough for a downpayment?

Is it possible to cover the three units in a single conventional loan if I am not purchasing the entire quadplex?

I suffer from anxiety and one day before closing they found that my brother owed 20,000 in child support and a lein was on the house.

If they don't have enough money to cover foreseeable expenses, then the only upside of HOAs -- the maintenance -- is gone.

The article gets one thing right: Landlords are suffering at the hands of tenants that continually make bad choices.

anyone know a solid title company that covers contract assignments for wholesale deals and also does double closes in Rochester NY?