After five seasons, at the height of their shows popularity in 2015, they decided to pull the plug on the show and focus on their 5 kids, on reviving the city of Waco, and launching Magnolia Magazine.

After I got good at pulling leads that work, I can switch that ratio and spend $3 on leads and $7 on sending something to those leads;  post cards, sms, rvm, cold calling.   

Negotiated $198,000 in seller financing through a Promissory Note, pulled a $99,000 commercial loan with a 5 year balloon, and contributed $33,000 as a down payment.

I should have also added that the reason I am pulled towards real estate as a wealth generating mechanism (I.e. the appreciation aspect) is that I bought my first house with ~$20K of my own money in Baltimore (supplemented with 6K of grants), bought at the right time and did a little fixing it up, used the proceeds from sale of Baltimore home to get into the lower end of the market in quickly appreciating Seattle.

You could pull some cash out to do the renovations and then refinance on the ARV once its done in 6 months and take out more cash to buy another investment home or rent that one out and buy a New primary home.If you have any questions on the steps or the process feel free to reach out or send me an email. 

Because it’s a loan, not a sale, you don’t trigger capital gains tax by pulling cash out this way.

Quote from @Samantha Derman: Hi all, looking for advice before I pull the trigger on a HELOC on my own home.

Even just pulling Comps for bedrooms, bathrooms,sqft,acreage build year,only 5 comps come up within 5miles.add a 30x40 shop in the mix and a tiny home on a neighboring lot.1/4 acre pond. 3 storage buildings.brand new roof and hvac.

Pull it out over the next 5 to 10 years as you gain REI experience.  

Midterm Rental calculators don't exist because the mass data is hard to pull right now.