Invest in a Rental PropertyUse your equity: You could leverage the equity in your current home to purchase a rental property.

Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.

Recently purchased a new property with an upstairs attic studio.

I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.

. - Have seen many investors create their own LLC and use their name & address:(- Only works if you put a property in LLC when you purchase.

Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.

Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.