As you embark on your real estate investing journey and begin shaping your strategy, it’s essential to prioritize both tax planning and asset protection from the outset.

The 18% rate from the lender is the same as our preferred return.We consider this more a bridge loan as it gets us to the pre-sale stage, and we can use pre-sale funds to pay off this debt position, essentially refinancing.

I'll be primarily focusing on the "Slow Flip Method" for a few months to see if the juice is worth the squeeze, but essentially, you look for distressed properties in or below $30k and sell them FSBO to people with bad credit for $80-$90k with $2k-$5k down.

An asset protection plan helps limit exposure, protect your holdings, and provide a stronger position in case of disputes or claims.To move forward with confidence, it’s essential to work with experienced professionals: a real estate-savvy tax advisor and an asset protection attorney who understands your goals.

It's essential to address this matter quickly to prevent further complications.Reach out to the tenant directly Discuss their current situation Explore possible solutions togetherYou may also need to consider looking into legal assistance and initiating the eviction process if necessary. 

How to Wholesaling Ethically in Real Estate: A Step-by-Step GuideWholesaling in real estate can be a profitable venture, but it’s essential to approach it ethically and legally.

With that being said, especially on your first, it’s not a bad idea to have liquidity for safety purposes.

As you step into the world of real estate investing and begin shaping your investment strategy, it’s essential to focus early on two often-overlooked foundations: tax planning and asset protection.

Lower mortgage rates are essential to bring home buyers back into the housing market."

I would likely keep $100k of it as a safety net to live off of for the first year without my day job.