Are you going to self-manage or add the cost of STR Prop.

This is in addition to cost savings.My thought coming in is that if I do want to eventually have my own team, wouldn't it be beneficial to get my hands dirty even though it is more work at the start. 

)  - 60K in cash for downpayment +more for renovations- Strong local connections with contractors of all trades - Ability to get building materials at cost through family/business connections- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  - 750+ Credit.

Investment is budgeted for roughly 120K.  1) If we flipped, likely will get 50K in our pockets after closing costs.  2) If we hold, according to the BRRRR calculator, the CoC ROI is 16.8%/Inf%. 

I'm hoping to connect with Property Managers and Contractors for the following: - Experiences/Advice dealing with the Section 8 housing authority- Get an understanding of cosmetic rehab costs for the area (i.e.

Hi Everyone,I'm a first time homebuyer looking to do a BRRRR in San Antonio but am struggling to estimate rehab costs.

- Just meant the fees the custodian takesQ:  What about funding the property itself, I recently heard that SDIRA's are hard to get loans on, I was just thinking of using my 401k for a down payment on an investment property (20-25% down) You cannot use it only for a downpayment, the comingling of funds is not allowed.3 different ways to fund a real estate deal1. fund it 100% out of the IRA if you have enough funds to cover the cost of the investment, plus any expenses.2.

You won't pay anything up front, only a portion of whatever they manage to collect.

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

Replacing water heater is cheap but if you owned condo in upper stair and water heater is leaking, your damage cost can be substantial because it may flood all the way down the unit on the first floor.