You may need to get creative with your financing in order to make the deal work.In conclusion, evaluating a distressed property requires careful consideration of a variety of factors.

I recently became a licensed Real Estate Agent in order to get access to the MLS and get be able to represent myself, as I saw this as a good first step in my real estate journey.

Purchase price: $270,000 Cash invested: $15,000 After purchasing my first home and renovating the space, my wife and I made this our first investment in our portfolio.

There's been a lot of new building in the area which could have made the older homes less desirable. 

Risk (where are you in order of getting paid)2.

Purchase price: $235,000 Cash invested: $235,000 Nice end unit. fenced back yard What made you interested in investing in this type of deal?

If potential residents were not interested in the particular home they viewed, app interfaces allowed residents to see similar and neighboring homes managed/owned by the same party.To say it made our previous self-showing open houses seem antiquated would be a massive understatement.

There's a lot of money to be made in PM, and I do not believe most of the franchises available offer anything proprietary and worth paying for (certainly not that IFF and their royalty percentage.) 

Many podcasts I heard on this site people made their first 40 grands using tax sale and did that for another 20 years (DM me and I’ll text you the podcast number), but what you hear will be all discouragement.

What made you interested in investing in this type of deal?