Worked for a house-flipping company in the past but this will be my first personal flip.Bank ApprovalMe: Pre-approved for $250,000 all in (acquisition + rehab)Jack: working with the same lender but hasn't received his numbers yet.The Deal (we found one!)

Good afternoon Stephen Dickey ,If you’re willing to work with an agent, look up any listing in your area on Zillow, redfin, realtor, etc... the 2-3 agents who come up on that listing should be receiving several buyer leads per day.

From estimates received from contractors it might be a maximum budget of $30K to do a garage conversion where I'll rent it out as a 1bd/1ba for about $700 monthly or make it into an AirBnB that can average $2k a month.OR use the 30K to use as a downpayment on a new property with a mortgage but I feel the profits would be less in this market along with the rising interest rates.

If someone has 120 properties, likely they have a number of units turning over that they are receiving utility bills for.

Happy to receive a compliment like this. 

The realtor is receiving a good amount of leads, but no apps.  

Hello Alissa,I am starting out on the multi Family journey as well.To start any kind of evaluation you need at least two documents.

When it was noted that the rent on the new property would cover the new mortgage payment, I received my pre approval.Best of luck.

Would be easy to throw on the MLS and sell for profit but the numbers make sense for a long-term rental.Anyone who has purchased a tax foreclosed property - have you had an issue with prior liens after receiving a tax deed?

Most cant call title company and get a date down on the phone  We could and did. and most wont take the risk  which we did.. there is a lot of risk buying sub too with no title insurance or paying off a loan with no title insurance.. but that's were the big money is made in this field.I would walk into the homes we bought and many times the people leave the 200 plus direct mail pieces they received right there in a neat pile on the counter..