Would you try to borrow as much as you can keeping your valuable cash in your pockets or would you come out big with your savings and not have a mortgage?

The purpose of starting this thread is to hold myself accountable and to get support from the members here at Bigger Pockets because I know how much you guys love to help.I've done hours and hours of research and listened to just about every podcast imaginable (Sean Terry, Todd Toback, Mark Whitten, etc. and the list goes on) the only thing left is to take action and sustain it this time.

Hello everyone,I am new to bigger pockets and just discovering the AMAZING potential to have financial freedom through real estate.

When you sayjust trying to sell us an extra 30K policy to cover the issues. do you mean Insure an amount of $30K or actually charge you $30K out of pocket.

I would get a percentage and that would pay down the 25,000.So really no $ out of pocket.

I hope to learn a lot more from Bigger Pockets and I would love to flip a property but I would like to learn about how it would impact my taxes and affect the bottom line.

Hi Ryan,Welcome to Bigger Pockets!

If you know where to buy those, please put me on your buyer's list.The 50% rule applies to rentals and states that 50% of the income will be lost to expenses with the remaining 50% available to cover debt service and your pocket money.

Soon after that I found 123 Flip and then Bigger Pockets!

Found one buyer who has paid me over $75,000 in commissions over the next 3 years on deals I brought him.These were realtor commissions, but if you can find a buyer who is taking the kind of action he was you could seriously line your pockets wholesaling to him.4.