This is accomplished because 1) you can buy real estate with pennies on the dollar, 2) the power of financial leverage (being able to refinance out your entire down payment)I currently own:-5 plex in Massillon -2500/mo -4 plex in St.

There are a number of them that could work, depending on the numbers and what the required financial exit goals are of the seller.

We reached out to selling agents, signed the CA, got the financials, visited the properties, talked to banks and got preliminary paperwork started to be able to write a LOI (Letter Of Intent).

I think the repair time is a minimal factor, or at max 30% of the weight of any deal.Brian Pulaski Yes, every state is different also the financial avenues used on the sell and buy, i know someone who buys a house with all cash (no lenders) and no contingency.

In my opinion, you should do what you like, real estate is the vehicle for a better financial life.

My goal is financial independence in 10 years via building my business into a large practice while investing in buy and hold rental properties.I know I basically need to knock out the debt, and save up for my first down payment. 

May be best financially for you to let it go, but your credit is and will be more trashed. 

Talking to a few lenders and financial advisors that I met through friends, they all recommend that I buy so I start building equity before I start getting into rental investments.

Each investor will look at each metric differently and give different weights to those metrics based on their personal financial goals and what they want to see out of the properties they are investing in. 

Luckily, my wife and are living very frugally and are able to live on my base salary while saving all my commission checks.After reading the book, I’m now determined to achieve financial freedom!