For instance... in my case, NC RE license requirements include a course, and that course uses a textbook.

Montelongos "Flip and Grow Rich" manuals, needless to say more information was needed to acquire properties with his strageties, no follow up from his staff for additional assisstance.

Investors who want to grow that big are in Multi family business.

Currently investing and growing my portfolio of NPN's.

Your IRA will actually own the property, so if you have a Roth IRA, you can grow it tax free and grow it for your retirement.

And thanks for constantly looking at new ways to help us connect and grow our businesses!

For instance, a home with an ARV of $100k or less, you need to be at the 65% minus repairs, a home with an exit such as yours of $475k can be as high as 77% IF it is an easy and quick flip, guideline should be set no more than 75%.For homes with longer rehab times and higher ARV's like $750k and up, you need to get the rule back down to the 65% mark again.Point being, the rule needs to adjust according to each property type, time factor, difficulty factor, etc.At 81% of ARV + you added in rpeairs on top of that (if that costs was $25k) then your "all0in cost to exit price was 86.5%Your $42k profit based on an estimated $411k cash investment gives you a cash on cash return of 10.2% (that is only half of the minimum I shoot for).

If starting one, then think about after-hours service calls (how to handle), what size properties to take on, think of things that you can grow into as the business becomes more successful.

With HUD it depends on many things when purchasing.If for instance the purchase was part of the good teacher,police firefighter etc. with the discount you have to live there so many years period or you will have to repay some money.Also if your buyer bid during the owner occupant only period to get the property and will never move in that is fraudulent.Investors frequently use to do this to not wait until the investor period came.It is a crime to do this now.Some would also say they were living there to get an owner occupant loan with a lower rate.This is committing mortgage fraud.Many do things to ride the line everyday and some get burned and others do not.I wouldn't want to be on the governments radar though.So without knowing the specifics of how the transaction went down it's hard to say.If the title company says 2 years and they do a lot of HUD then I might take that at face value.I have seen HUD go out to properties before,check where mail is sent to for taxes,etc. after they were bought.

If this money is invested elsewhere it can grow much faster than 0.85%.