It was a small 12 unit, but same concept.

I am running into an issue with the seller's attorney who is unfamiliar with concept of broker fee rebates towards either purchase price or towards buyer closing costs (note: will be within Fannie/Freddie percentage requirements).

Maybe I am not understanding this entire BRRRR concept (although fortunately for you, you should get your 10,000 back in about a year or two if you get everything the bank will give you, but I see people do this where there money will be in the house for 15-20 years before they just break even - but I presume these were just bad investments).

Your 401k can't have anything to do with this LLC.Not sure if you understand the concept correctly.

Until you understand the concept well enough to be able to ask specific questions to fill the gaps, you aren't ready to pull the trigger.That being said, I host a community of military real estate investors, and I'm ALL about helping, as you learn more about this let me know what questions you have and I'd be happy to help!

@Guy NoelLease-to-own is a great concept!

We call this concept the risk yield premium.

Having said that, if you're like me, concepts don't really "sink in" or get internalized until you have an actual potential "deal" or transaction to check out or pursue and you've got to execute the steps and do things that you don't yet know how to.

The concept of adding 1 or 2 bedrooms on the main level or basement or leaving it as a wide open choose your own adventure type space.If I wanted to go commercial with the space it would involve a conditional use permit, limited signage and would have to be a relatively low traffic business to meet the criteria by the city and limited parking.Thanks!

I am based out of queens New York City I been buying Shortsales and flipping them in queens and Long Island for the pass 4 years I do about 1 flip every 3/4 months I come to conclusion that I should focus more on rentals Flips are a lot of work and the money good... but I have a constant need for fresh money every month.. and that need.. affect my bottom line tremendously In all reality once I sell I see a nice amount of money but I am wrong to think.. that I should probably sell some of the equity use other people money to do the deal instead of throw a portion of the money to keep doing flips So I can take that money and buy a lot of rentals Cash flow important to me..I am fully beginning to understand the concept of why money is garbage and should be investedI thought I was doing good with a large amount of money.. but this cash flow thing has me awake all night Is not a good feeling watching The money flow out waiting for properties to close...I think I am doing the right moveAny suggestions opinions and overall information would be ideal and appreciate Thank You Carlos