A big question is do you have the $25,000 to gamble?

@LaTonya Clark “One  can’t tell but I do know part of me is willing to take a chance”…You make it sound as if real estate investing is no different than gambling….

Cashflow is guaranteed, Appreciation is gambling, blah blah blah.

There is a gamble there that the second appraisal comes in at or below the first.

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Hi everyone,I’m a new real estate investor, and over the past 8 months, I’ve immersed myself in learning about CRE.

:Syndication multi-family investments are riskier and have less upside than gambling in Las Vegas.

They gambled, and lost.

You can't go to Vegas and expect to be reimbursed for your gambling losses.

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.