@Ryan BiankowskiYou absolutely can.Research your market, come up with a flip strategy (what type of house you will want to purchase, how you plan on finding this property, what area you want to purchase, how you will come up with financing), find the property that fits this strategy, secure the financing, and close on the deal.

In your experience, would you advise that it's best to avoid the complexities of the foreclosure purchase process as first property newbie, OR proceed with caution under the right circumstances.

We purchased an older building and have been flipping several of the units.

Any amount you purchase less than your net sale - that amount is taxable. 

I'm Devon, an investor focused agent in the Central Indiana market, I've been helping real estate investors purchase properties for about the last 4 years and it's been a very interesting journey to say the least.

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

We have purchased a larger home and made two full dwelling spaces; a kitchen on the main with 4 bedrooms and a kitchen in the basement with 2 full bedrooms. 

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Purchase price: $350,000 Cash invested: $250,000 Sale price: $850,000 This rare corner property located in the coveted Havertown neighborhood had my investors running to get a chance to secure this beauty.