Now, my time is more valuable than saving money on the renovations, so, I sub out every part of the rehab.

Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.

She has $4,000 to spend and only herself for expenses.EXAMPLE B would spend 50% of her money on rent, whereas EXAMPLE A would spend 33%.

Spend some time obsessing and you can pretty quickly estimate how much money you can make if you manage the property properly. 

.- Deal underwriting: JV partners, other BiggerPockets members, hard money lenders/underwriters. - Contractors- Capital providers: JV partners, private money lenders (PMLs), hard money lenders (HMLs)sFor additional context, are you going to be flipping and actually selling or are you going to be fixing and holding for rental income? 

I'm very conservative and want conservative leverage percentages, long-term fixed rate loans, high skin in the game and sponsor that has experienced at least one full real estate cycle and lost little to no investor money.

My fervor and desire to jump into the game and become financially free was quickly deterred by people telling me I needed to get through school and start making money before I should get into REI.

So, early on, right after college he decided to forgo the usual “management trainee” route and go right to where he could make a lot of money fast - commissioned sales.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

My plan is to refinance the land with hard money, pay off my debt (40k) with the cash and then take over my rental property.