@Glenn Hinojosa Yes, that is correct.

The Houston ones would hopefully give me:a. positive cashflowb. enough equity that a 10% market correction would not effect me (if and when that happens)My primary residence was bought in 2011 at the low as a short sale with some robo signing agreement so I did not pay any closing costs.

If your friend has bought 7 units correctly I would learn as much from him as possible since he should know all of the smaller things that go into the entire transaction.

-The house Is in New York has- he has a fire extinguisher company and won't list it because he actually services many of the real estate companies and is afraid to favor one or the other and inturn lose a client- he has nine houses in Pennsylvania - original loan was 660k 760k if I remember correctly - has paid 250k- has all floors ( basement, 1st and 2nd) rented only top floor has a lease total rent colle is 5500- supposed market value is 1.1 million - he's willing to take 960k- might be open to terms since he's already renting.As long as he keeps the title-sounds like the house doesn't need many repairs but i have a friend that is a contractor and he can Help me assess any repairs Hes a savvy new yorker so  I rather give him options instead of just 1 cash offerCan anyone help me figure this out ?

Hello,My husband and I are new to BP and getting ready to start our path to financial freedom; however, we're hung up on a strategy.

When problems came up, the focus was on correcting the issues in the short time frame, while other issues were ignored.

Don’t know if this answers your question but On REO foreclosures I have looked at in pa. The

I've been told to start with wholesaling and am following that path and am based in San Diego, CA.A few questions that I hope you all don't mind sharing!

I've been told to start with wholesaling and am following that path and am based in San Diego, CA.A few questions that I hope you all don't mind sharing!

Here’s to new paths and new connections!