Another consideration for you since you are located in VA is the licensure requirements for private money lending.

I am planning on being married in the next year and a half and my partner and I are currently saving up money so that we can start investing in real estate, we are targeting fall of next year to start and should be able to have $80,000-$85,000 to invest.

There is major money involved in the right answer that impacts not only monthly cash flow but the overall value of the building.

Will there be money left over?

There could be tax benefits in waiting a few years for the bulk of the money.

What did it cost you in time and money to find those deals?

Is there anything else I should be considering when trying to analyze this to make sure it’s a wise decision?

Hi guys, so if i use my business credit cards with a liquidator to turn credit card into cash and i use that money to invest with, when i go to make payments to pay back my credit cards is that money i use to repay the cards taxable???

Yes, private money, but you need to build up some reps and proof of concept so friends and family can see what you have done.

Here is the question: “You’re investing $10,000 in a deal that has three potential outcomes: 20 percent chance of tripling your money, 45 percent chance of breaking even, 35 percent chance of losing all your money.