When setting goals I've found that a goal that you can just barely make by stretching just a little bit is the best.

Hi all - We've mostly stayed local in our RE investing in Colorado, and are looking to start stretching out to other markets.

Compared to Illinois our taxes are much cheaper and you can stretch your dollar much longer investing in properties.

Got a good group together in Connecticut. " style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; height: 888px;">Update time on previous threads, mainly as accountability for all y'all CT real estate folks.

As a duplex it was worth $400k to $425k as a stretch.

But if this is your first deal and you are stretching yourself to spend every penny you have I’d probably go the partner route before asking for seller financing and further stretch yourself.

“Loss of potential income on the house” are not damages...by any stretch of the imagination.

Bear with me, because this might be a stretch, but maybe the bank through which you process the income on the $40MM income-producing real estate portfolio might be a potential solution to your problem?

This may mean stretching your budget and/or borrowing funds from someone to be able to put more $ down or go up in offer price.- submitting proof of funds with your offer (i.e. bank statements)- including as few contingencies as possible on the offer/contract (i.e. inspection, appraisal)- purchasing the property 'as-is'.

Basically, getting the most stretch from my dollar to move into the 'safe zone'- I'll include a few links on refinishing some basics that are cheaper that replacing if you can do yourself.