I was looking to park money in an asset and continue to live in the barracks collecting my BAH payment.

My First BRRR Deal in Milwaukee Purchase price: $95,000 Cash invested: $33,785This property was acquired by a hard money loan with an interest rate of 12.99 percent.

Money, experience, a crew, market knowledge?

We know there are investors out there that want to put money into ideas that we have, but we don't know where to look.

I can't imagine a seller would agree to cover the cost out of pocket if they are doing seller financing, unless they had money and were desparate.  

My goal of becoming a broker is two fold:  1) Build a career with high earning potential   2) Use that income paired with the knowledge I would gain to invest. 

We also asked the seller for a price reduction to make the numbers work but the seller declined so we backed out of the deal and had your earnest money returned to you.

Or money back if not working or if I find incorrect data?

First, learn about ways to make money last, set your aims, grasp house hacking, check if you're ready money-wise, do deep market checks, make friends with local home investors, agents, lenders, and those who manage properties, go deep into property details, and get to know the local home laws well.

You will still be much lower than  new build.And faster too, and as we all know  - 'time is money'....