We understand that real estate transactions can be complex, especially when family is involved, so any advice or personal experiences you can share would be incredibly helpful as we navigate this journey.Thank you in advance for your insights and assistance!

However, it’s essential to understand the tax implications and ensure that the financing strategy aligns with your investment goals.

By the end of this article, you’ll better understand these various strategies and be better equipped to choose the one that best suits your financial goals and investment expertise.If you’re confident about your next investment strategy, you may want to jump straight to the investment, in which case you may be looking for funds.

I understand HML have lots of associated costs to them but the main reason im considering this option is because the home is listed way below market value and is a cash only property.

Attend real estate meetups in Orlando to connect with other professionals like inspectors, appraisers, and fellow investors.Financing: While securing funding is often the more straightforward part, with various hard money lenders in Florida, understanding your financial options early is crucial, as it affects the kind of properties you can afford and the scope of renovations.Metrics for Evaluating Deals: Use metrics like After Repair Value (ARV), Cost of Repairs, the 70% Rule, Holding Costs, and Comparative Market Analysis (CMA) to evaluate properties.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

I'd like to better understand what areas have worked well for you and what potential land mines a new investor may step on.Cheers,Rydge

Most of which is understandable but a lot of times it also comes off as you're wasting their time. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with about the Detroit market?

Promotional disclosure - I am in the business of selling professional services to real estate investors like yourself and completely understand it is not an easy task to find a trusted advisor to bring on as a team member.