Bigger Pockets has been giving me knowledge and encouragement to take actionable steps and I can not wait to post my first deal.If you're reading this post, thank you for taking the time to do so.

To me this would be okay if you are in more class A areas.

You may already know this but as a good rule of thumb if Property purchase price plus rehab is less than or equal to 70% of the After repaired value you are going to be a winner 9/10 times. 

So, What Does All Of This Mean?

@Tom O. this has been a rough year for sure for insurance.

I'm a territory manager for a telecommunications company, and driving through the Newburgh NY I forsee a huge upside in this neighborhood.  

What made you interested in investing in this type of deal?

Usually, this is where there are issues which tends to happen after transporting the home to the end location. 

I’m 2 months into using this program.

Purchase price: $120,000 Cash invested: $30,000 We purchased this property from a wholesaler.