I’m starting small, with a “Slow and Grow” approach, and have found a 2 BD SFH in my price range (under $150k) that needs rehabbing, BUT it was foreclosed and is now sitting vacant.

For 1031 exchange, let's say you buy a replacement property that appraises for much more than the purchase price.

It has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

Double-check the pricing of your properties against recent sales in the area.

Because the 0% interest rate was coming to an end on the first of my credit cards through Fund & Grow, I sought a second round of funding through them so as to maintain a 0% interest payment on the funds going forward...still had to make the minimum payment going forward which at that time had accumulated to about $1000 per month plus property yard maintenance and taxes.Hoping that Clayton would do some of his magic and get the house built, screen some qualified tenants and get some cash flow going to be able to satisfy the payback of the credit cards until such time that I could get the new house independently appraised and financed through a traditional mortgage which the cash flow would have easily covered according to what Clayton promises in his podcast relating to the new construction builds. 

I'd also appreciate any tips from expert house flippers on how to penetrate the market.I've always been blessed with meeting the right people and partners in my previous journeys and am looking forward to making that happen again.Thank you all in advance! 

Purchase price: $110,000 Cash invested: $1,369Acquired this deal from another agent, off-market.

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

Hi @Emmanuel Sanchez,I would recommend reaching out to all contacts that end up being recommended on this list to see who may be able to provide the best company and pricing to match your needs.

I am looking forward to learning from this community and sharing my journey with you all.